Martin Luther King Jr. was born at noon Tuesday, January 15, 1929, at the family home, 501 Auburn Avenue, N.E., Atlanta, Georgia. Dr. Charles Johnson was the attending physician. Martin Luther King Jr., was the first son and second child born to the Reverend Martin Luther King, Sr., and Alberta Williams King.
Example â Calculating the Purchase Price for a Bond with Accrued Interest. You purchase a corporate bond with a settlement date on September 15 with a face value of $1,000 and a nominal yield of 8%, that has a listed price of 100-08, and that pays interest semi-annually on February 15 and August 15.
Bond prices are quoted as a value indexed to par normalised to 100. The 90 you used can be interpreted as 90% of par or 0.9 x par. They're the same. You'll often hear people talk about pricing in terms of cents on the dollar i.e. 90 = 90 cents on...