Bid-ask spread in dollars
Problem:
A Treasury bond is quoted as 99:18 asked and 99:09 bid.
Requirement:
Question: What is the bid-ask spread in dollars on a $5,000 face value bond?
Note: Show supporting computations in good form.
Expected delivery within 24 Hours
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What is the bid-ask spread in dollars on a $5,000 face value bond? Note: Show supporting computations in good form.
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