Multiple Choice
A $5,000 face value bond has a bid quote of 99.8742 and a bid-ask spread of 0.1356.What price will you receive if you sell this bond today? Ignore any accrued interest or trading costs.
A) $998.74
B) $1,000.10
C) $5,009.02
D) $4,993.71
E) $5,010.27
Correct Answer:
Verified
Correct Answer:
Verified
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