MBAC 6060 - Leeds School of Business

1,381 bonds sold on October 23. The closing price was $94.50 (or 94.5% of face value of $1,000. Bonds are quoted as a percentage of their face value). The closing price was up $0.25 from the closing price on October 22. NYSE exchange traded bonds, like stocks, are currently quoted in decimals. ................
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