Examine the following typical corporate bond listing: Bonds
Cur. Yid. Vol Close
Net Chg.
6.9
18
3
NYTel 7- 33
1012
4.
In the name column, NYTel is the abbreviated name of the company (New York Telephone) issuing the bond. What was
the previous closing price of the bond? What was the dollar amount?
1
75% lower; $945
a.
b.
1
75% higher; $1090
C.
1
7% lower; $1016.25
d.
1
7% higher; $1018.75