A corporation bond selling at 155 1/4 would cost a buyer $1552.50.

Name: A corporation bond selling at 155 1/4 would cost a buyer $1552.50.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

To determine the cost of a bond, you need to multiply the bond's price by its face value. In this case, the bond is selling for 155 1/4, which is 155.25 in decimal form. If we assume that the face value of the bond is $1000, then the cost would be:
155.25% x $1000 = $1552.50
Therefore, the statement is true and the answer is A.

A Corporation Bond Selling at 155 1/4 Would Cost a Buyer