What is the current price of a $1,000 face value bond if it is quoted in the newspaper at 92?

3 answers

• Mary AngelaDec 09, 2021 · 4 years ago
  The current price of a $1,000 face value bond quoted at 92 in the newspaper would be $920. When a bond is quoted at a percentage of its face value, you can calculate the current price by multiplying the face value by the quoted percentage. In this case, 92% of $1,000 is $920.
  276

  138
• Poonam KalraJun 09, 2021 · 4 years ago
  If you see a $1,000 face value bond quoted at 92 in the newspaper, it means that the bond is being sold at 92% of its face value. To calculate the current price, you can multiply the face value by the quoted percentage. In this case, the current price would be $920.
  266

  89
• Mohammedumer MohdumetNov 19, 2020 · 5 years ago
  When a $1,000 face value bond is quoted at 92 in the newspaper, its current price would be $920. This means that the bond is being sold at a discount of 8% from its face value. Keep in mind that bond prices can fluctuate based on market conditions and interest rates.
  267

  67