Use the following bond quotes to answer this question Issuer

Use the following bond quotes to answer this question Issuer Name Alpha Industrial Beta Movers Low Last Chan 5.875 Apr 2010 7.120 May 2036 103.407 100.013 103.354 +0.010 99.823 98.667 99.402 +0.008 What was yesterday\'s closing price on the Beta Movers bond? O $1,033.44 O $1,044.07 O $1,020.13 $1,053.54 O $1,054.07

Solution

Yesterday’s closing price of Beta Movers Bond will be the Last Price.

The Last Price of Beta Movers Bond was 103.354

 Use the following bond quotes to answer this question Issuer Name Alpha Industrial Beta Movers Low Last Chan 5.875 Apr 2010 7.120 May 2036 103.407 100.013 103.

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