The statements which is true for a bond of par value $1,000 is that the market value includes a discount of $47. 70.
Market value is the current price of a product, company, or something consorting to the stock of the market.
It is the price which is required to buy something in the current market.
Bonds issued by Animite Energy are selling at a rate of 95.230. This is the bond percentage of the Animite energy in the market. This means if someone wants to buy 95.230 of this company's bond, then he get $100.
Now for the 1000 bonds, the amount required is,
[tex]C=95.230\times10\\C=952.30[/tex]
Hence, for the 1000 bonds, the amount required is 952.30. Therefore, the discount will be,
[tex]d=1000-952.30\\d=47.70[/tex]
Hence, the statements which is true for a bond of par value $1,000 is that the market value includes a discount of $47. 70.
Learn more about the market value here;
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