Use the following bond listing for Pacific Bell to answer the following:
Bonds
Cur.Yid. Vol Close Net.Chg.
5 6.55 5
1
1
PacBell 6- 34
99-
8
4 8
What was the closing price of the bond? What was the dollar amount?
a. 106 5/8; $966
b. 6 5/8; $6625
c. 99 1/4; $993.45
d. 99 1/4; $992.50