Cryptocurrency Q&A
What is the price you pay for a bond with a face value of $5000 selling at 105 points?
What is the price you pay for a bond with a face value of $5000 selling at 105 points?
BlockchainWizardGuard
Thu Oct 24 2024
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7 answers
1956
I'm wondering about the price of a bond. This bond has a face value of $5000 and is currently selling at 105 points. What would be the price I need to pay for this bond?
7 answers
noah_wright_author
Sat Oct 26 2024
The face value of the bond is given as $5000.
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DaeguDiva
Sat Oct 26 2024
By applying the premium rate, we determine the redemption value.
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GangnamGlitter
Sat Oct 26 2024
FV, which stands for Face Value after premium, equals $5000 multiplied by 1.05.
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Riccardo
Sat Oct 26 2024
It's crucial to keep in mind that the bond can be redeemed at a premium rate of 105%.
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CryptoLordess
Sat Oct 26 2024
The premium is calculated by multiplying the face value of the bond by 1.05.
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