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The company flowbo Ltd.

The company flowbo Ltd. currently owns 25 bonds with a total nominal value of £1,000. The bill rate is currently 7%. The market value of the bonds is currently 14.5% higher than the nominal value of each individual bond

plus the bill rate.

Which of these is the difference between the nominal value of the bonds plus the bill rate payout and the market value of each bond?

Express your answer in whole pounds.

A.

£1,021

B.

£1,070

C.

£1,225.15

D.

£1,155.12

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  • Product: BA1
  • Update on: Jul 28, 2025
  • Questions: 468
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