Multiple Choice
The price quotations of treasury bonds in the Wall Street Journal show a bid price of 102:12 and an ask price of 102:14.If you sold the bond you expect to receive _________.
A) $1,024.75
B) $1,024.38
C) $1,023.75
D) $1,022.50
Correct Answer:
Verified
Correct Answer:
Verified
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