A bond quote of 82.25 in dollars is equal to

A. $8.25.
B. $82.25.
C. $822.50.
D. $8,025.50.

C 822.50

To determine the value of a bond quoted at 82.25 in dollars, we need to remember that the bond quote is expressed as a percentage of the bond's face value.

Since the quote is given in dollars, it means that the bond is quoted as a percentage of its face value in dollars.

Therefore, the bond quote of 82.25 in dollars is equal to 82.25% of the bond's face value in dollars.

To find the face value of the bond, we can divide the quote by 100 and then multiply by the face value:

82.25 / 100 = 0.8225

So, the bond quote of 82.25 in dollars is equal to 0.8225 times the face value of the bond in dollars.

To determine the actual value in dollars, we need to know the face value of the bond. Without the face value information, it is not possible to calculate the exact dollar value of the bond.

Therefore, the correct answer is none of the options provided.

To determine the correct answer to this question, we need to understand how bond quotes are expressed. A bond quote typically consists of a percentage value, usually referred to as the bond's yield, and a nominal value, which represents the bond's par value.

In this case, the bond quote is given as 82.25 in dollars. This implies that the bond is trading at 82.25% of its par value. To calculate the par value of the bond, we need to divide the given bond quote by 100.

82.25 / 100 = 0.8225

Next, we multiply the calculated value by the par value to obtain the dollar equivalent.

0.8225 * Par Value = 82.25

From this calculation, we can deduce that the par value is equal to $100. Therefore, the correct answer is B. $82.25.