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Good day,
Can I know as usual we will saw the loan stock market price is given in the question like $xxx per $100 loan stock. May I know the $100 loan stock is referring to the nominal value or just represent $100 stock equivalent to how much market price?
If it is considered as nominal value,
is that means the market price will be $xxx per $90 loan stock?
Thanks
$xxx will be the market value of $100 nominal.
I do not know where you are getting $90 from !!
So is that means the market value of XXX per $100 loan stock. The $100 is the nominal value. Am I correct?
$90 is just an example that I want to say if the nominal value is $90, Is that means the market value will become XXX per $90 loan stock.
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