What type of security is quoted with a bid price of 4.72 and an asking price of 4.68?
A)US treasury note
B)US treasury bill
C)US treasury bond
D)Series H bond

Name: What type of security is quoted with a bid price of 4.72 and an asking price of 4.68? A)US treasury note B)US treasury bill C)US treasury bond D)Series H bond
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Quizplus · Accepted Answer

US Treasury bill. T-bills are quoted by yield. Therefore, the bid is higher than the asking price. A higher yield means a lower price.

What Type of Security Is Quoted with a Bid Price