The price quotations of Treasury bonds in the Wall Street Journal show an ask price...

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Accounting

The price quotations of Treasury bonds in the Wall Street Journal show an ask price of 104:08 and a bid price of 104:04. As a seller of the bond what is the dollar price you expect to pay?

A. $1,048.00

B. $1,042.50

C. $1,041.25

D. $1,041.75

E. $1,040.40

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