A Treasury bond has a quoted bid price of 101.46875 and a quoted ask price of 101.6875. What is the amount you will rece

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

A Treasury bond has a quoted bid price of 101.46875 and a quoted ask price of 101.6875. What is the amount you will rece

Post by answerhappygod »

A Treasury bond has a quoted bid price of 101.46875 and a quotedask price of 101.6875. What is the amount you will receive if yousell your bond that has a par value of $15,000?
Multiple Choice
$15,062.60
$15,100.08
$15,050.45
$15,016.12
$15,220.31
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply