Bond prices in the U.S. are expressed in dollars and eighths of a dollar; for example, a bond quoted as 5-1/8 is really selling for $5.125.

Name: Bond prices in the U.S. are expressed in dollars and eighths of a dollar; for example, a bond quoted as 5-1/8 is really selling for $5.125.
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The Answer of Bond prices in the U.S. are expressed in dollars and eighths of a dollar; for example, a bond quoted as 5-1/8 is really selling for $5.125.

Bond Prices in the U