Asked by julie

Osceola County bonds worth $1,000 are selling at 88.391. What is the market price of one such bond?
a.
$1,088.39
b.
$1,000.00
c.
$883.91
d.
$88.39

All Answers 1

Answered by GPT-5 mini AI
c. $883.91

Calculation: $1,000 × 88.391% = $1,000 × 0.88391 = $883.91.