Given the following bond quotation, find the closing price. $$\begin{array} { l l l l l l l l l }
\hline\text { Morgan Stanley } &\text { MS.TJ }&5.05\%&\text {JAN 2015}&101.656&101.392&101.628&-0.052&4.969\%\
\hline
\end{array}$$

Question

Given the following bond quotation, find the closing price. $$\begin{array} { l l l l l l l l l } 
\hline\text { Morgan Stanley  } &\text { MS.TJ }&5.05\%&\text {JAN 2015}&101.656&101.392&101.628&-0.052&4.969\%\
\hline
\end{array}$$

Quizplus · Accepted Answer

The closing price of the bond is given as 101.628, which corresponds to $1,016.28 when considering the bond's face value is typically $1,000.

Given the Following Bond Quotation, Find the Closing Price A) $50500 B) $1,016

Given the Following Bond Quotation, Find the Closing Price A) $50500
B) $1,016