A Treasury bond has a quoted bid price of 100: 10 and a quoted ask price of 100:
11) What is the amount you will receive if you sell your bond that has a par value of $20,000?
A) $20,016.00
B) $20,050.00
C) $20,062.60
D) $20,100.08
E) $21,600.00
Correct Answer:
Verified
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