Multiple Choice
A $1,000 face value bond has a bid quote of 100.6794 and a bid-ask spread of 0.0155.If you were to purchase this bond,what clean price would you pay?
A) $1,011.23
B) $1,004.33
C) $1,009.18
D) $1,006.95
E) $1,008.56
Correct Answer:
Verified
Correct Answer:
Verified
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