Multiple Choice
The price quotations of Treasury bonds in the Wall Street Journal show an ask price of 104.25 and a bid price of 104.125. As a seller of the bond, what is the dollar price you expect to receive?
A) $1,048.00
B) $1,042.50
C) $1,041.25
D) $1,041.75
E) $1,040.40
Correct Answer:

Verified
Correct Answer:
Verified
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