Dec 2020 section AForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Dec 2020 section AThis topic has 1 reply, 2 voices, and was last updated 2 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts March 3, 2022 at 4:58 pm #649747 meerurajMemberTopics: 29Replies: 24☆☆ 0·45 million 6·5% bonds in issue. Each 6·5% bond has a nominal value of $100, and is currently trading at $104 per $100.Y dont we calculate the market value like this = (104/100)*0.45 March 4, 2022 at 7:40 am #649786 John MoffatKeymasterTopics: 57Replies: 54362☆☆☆☆☆The question does not say that the nominal value is $0.45m, it says that there are 0.45m bonds.Each each bond has a MV of $104 and if there are 0.45m of them then the total MV is 104 x 0.45M = $46.8m.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In