A Treasury bond has a face value of $5,000 with a quoted bid price of 101.84 and a quoted ask price of 101.88. What is the dollar amount you receive if you sell your bond?
A) $3,208.50
B) $1,917.00
C) $5,094.00
D) $5,750.50
E) $5,092.00
Correct Answer:
Verified
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