A bond has an ask quote of 99.5625 and a bid quote of 99.5475.How much will the bond dealer make on the purchase and resell of a $100,000 bond if they earn a 10% commission?
A)$150
B)$1,500
C)$15
D)$1.50

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The Answer of A bond has an ask quote of 99.5625 and a bid quote of 99.5475.How much will the bond dealer make on the purchase and resell of a $100,000 bond if they earn a 10% commission?
A)$150
B)$1,500
C)$15
D)$1.50

A Bond Has an Ask Quote of 99