Corporate bonds from hyren airlines are selling at 106.133, bonds from xyx motors are selling at 97.701, and bonds from ergar appliances are selling at 101.294. if all of the bonds mentioned have a par value of $1,000 apiece, how much will it cost george to purchase one from each corporation?

Question

Niko

Mathematics

9 July, 07:38

Corporate bonds from hyren airlines are selling at 106.133, bonds from xyx motors are selling at 97.701, and bonds from ergar appliances are selling at 101.294. if all of the bonds mentioned have a par value of $1,000 apiece, how much will it cost george to purchase one from each corporation?

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Holden Johnson · Answer 1

Given:

hyren airlines = 106.133

xyx motors = 97.701

ergar appliances = 101.294

1,000 x 106.133 = 106,133

1,000 x 97.701 = 97,701

1,000 x 101.294 = 101,294

305,128

George would spend a total of 305,128 to purchase one bond from each corporation.