If a bond closed 1/4 lower for the day, by how much did it's price decrease?

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If a bond closed 1/4 lower for the day, by how much did it's price decrease?

A. $.25
B. $2.50
C. $25.00
D. $250.00

2007-03-26 21:08:59 · 3 answers · asked by Trust in yourself 1 in Business & Finance ➔ Other - Business & Finance

3 answers

if the bond was $1.00 its decrease is $.25
if the bond was $10.00 its decrease is $2.50
if the bond was $100.00 its decrease is $25.00
if the bond was $1000.00 its decrease is $250.00

2007-03-26 21:20:13 · answer #1 · answered by Anonymous · 0⤊ 0⤋

It all depends on how much the bond was worth so I would guess 25%.

2007-03-26 21:15:52 · answer #2 · answered by Anonymous · 0⤊ 0⤋

25 c for every $1
$2.50 for every $10
$25 for every $100
$250 for every $1000

2007-03-26 21:17:50 · answer #3 · answered by Anonymous · 0⤊ 0⤋