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A T-bond with a $1,000 par is quoted at a bid of 105-7 and an...

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Question

Finance

A T-bond with a $1,000 par is quoted at a bid of 105-7 and an ask of 105-9. If you sell the bond, you will receive:

Multiple Choice

a. $1,057.22.

b. None of these choices are correct.

c. $1,052.81.

d. $1,052.19.

e. $1,059.22.

Answer & Explanation Solved by verified expert
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