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0 . 3 5 pts A T - bond with a $ 1 , 0 0 0 par is quoted at a bid of 1

0.35 pts
A T-bond with a $1,000 par is quoted at a bid of 108.235 and an ask of 108.285. If you (as individual investor) buy the bond, you will pay
$1,089.22
$1,082.35
$1.087.22
$1,082.85
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