Multiple Choice
The price quotations of Treasury bonds in the Wall Street Journal show an ask price of 104:08 and a bid price of 104:04.As a buyer of the bond, what is the dollar price you expect to pay
A) $1,048.00
B) $1,042.50
C) $1,044.00
D) $1,041.25
E) $1,040.40
Correct Answer:
Verified
Correct Answer:
Verified
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