please chek my answer thanks :)

What is purchase price of 15 Warren Corporation bounds with a coupon rate of 7 3/4 and a current market price of 98 ? The commission charge is $8 per bound. The date of the transcation is March 5 and the bond pays interest on Nov 5 and May 5

My answer is 13,206.50

  1. 👍
  2. 👎
  3. 👁

Respond to this Question

First Name

Your Response

Similar Questions

  1. MATH

    Your original purchase price was $825.00 plus 7% sales tax. You enter into an agreement where the interest (12.5% APR) is waived for the first 12 months provided you make the required monthly payments; otherwise the interest is

  2. pre calculus

    You have a $50 coupon from the manufacturer good for the purchase of a cell phone. The store where you are purchasing your cell phone is offering a 20% discount on all cell phones. Let x represent the regular price of the cell

  3. finance

    Suppose the borrowing rate r_B = 10\%r B ‚Äč =10% compounded annually. However, the lending rate (or equivalently, the interest rate on deposits) is only 8\%8% compounded annually. Compute the difference between the upper and

  4. MAT201-Basic Statistics

    A dealership sold 15 cars last month. The purchase price of the cars, rounded to the nearest thousand, is represented in the table Purchase Price/# of cars sold $15,000 3 $20,000 4 $23,000 5 $25,000 2 $45,000 1 A.Find the mean and

  1. finance 2 questions

    9. When Patricia sells her General Motors common stock at the same time that Brian purchases the same amount of General Motor's stock, General Motors receives: A. The spread between the bid and ask of the transaction B. The dollar

  2. Microeconomics

    Answer the following questions based on the graph that represents J.R.'s demand for ribs per week of ribs at Judy's rib shack. a. At the equilibrium price, how many ribs would J.R. be willing to purchase? b. How much is J.R.

  3. Finance

    You are interested in a new Ford Taurus. After visiting your Ford dealer, doing your research on the best leases available, you have three options. (i) Purchase the car for cash and receive a $1,900 cash rebate from Dealer A. The

  4. Engineering Statistics

    "A study has shown that 20% of all college textbooks have a price of $90 or higher. It is known that the standard deviation of the prices of all college textbooks is $9.50. Suppose the prices of all college textbooks have a normal

  1. Math

    ) A car dealership advertises a 15% discount on all its new cars. In addition, the manufacturer offers a $1000 rebate on the purchase of a new car. Let x represent the sticker price of the car. a. Suppose only the 15% discount

  2. personal finance

    Which of the following is a true statement? A. The dividends-earnings ratio is a key factor that serious investors use to evaluate stock investments. B. The price-earnings ratio for a corporation must be studied for one period

  3. Maths

    The cash price for a Tedelex Component system with a DVD is 1999.95.If you buy the system on hire purchase you must pay a deposit of 200.00 and an instalment of 91.00 per month for 24 months. (A)The total amount you would pay for

  4. math

    certain superstores will often price match or even beat a competitor's price by 10%.the function g(x)=0.90x represents the sale price of a piece of merchandise at such a superstore.the function f(x)=0.13x represents the HST owed

You can view more similar questions or ask a new question.