Answered by AI, Verified by Human Experts
A bond quote of 82.25 in dollars is equal to$822.50. Par value is often fixed at 100, or 100% of a bond's $1,000 face value.What do you mean by a bond quote?Abond quoteis the most recent price at which a bond traded, converted to a point scale and expressed as a percentage of par value. Par value is often fixed at 100, or 100% of a bond's $1,000 face value. If a corporate bond is priced at 99, for instance, it is now trading at 99% of its face value.How should a bond be read?Adding a zero to the market price given for bonds makes them easier to understand. A bond is considered to be selling at a discount if, for instance, it is quoted in the market at 99 percent, or $990 for every $1,000 of face value.To know more aboutbond quote, visit:brainly.com/question/13199033#SPJ4...