- In the old days, bond prices were expressed in terms of 1/32’s and multiples thereof. An old letter in your files references a bond price that goes from 82 1/3 to 80 7/8. How much did it change?
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- In the old days, bond prices were expressed in terms of 1/32’s and multiples thereof. An old letter in your files references a bond price that goes from 82 1/3 to 80 7/8. How much did it change?
Hello my name is Carrie I go to the same school as u do. the answer to this question is......
82 * 3 = 246 + 1 = 247
247/3 * 8/8 = 1976/24
80 * 8 = 640 + 7 = 647
647/8 * 3/3 = 1941/24
1976/24 - 1941/24 = 35/24
35 - 24 = 11
and the answer is:
1unit 11/24
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