The figure given below shows the demand [D and D'] and supply [S and S'] curves of shares of stock.Figure 17.2

-If the par value of a bond is $200, and the bid price of the bond is $90, it implies that:

Question

The figure given below shows the demand [D and D'] and supply [S and S'] curves of shares of stock.Figure 17.2
 
-If the par value of a bond is $200, and the bid price of the bond is $90, it implies that:

Quizplus · Accepted Answer

The bond is trading at $90, which is 45% of its par value ($200). This is calculated by dividing the bid price ($90) by the par value ($200) and then multiplying by 100 to get the percentage.

The Figure Given Below Shows the Demand [D and D']