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Question
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
Answer
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Q:
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