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12. A bond with face value of $250000 has a bid quote of 101.0276 and an asked quote of 101.1692. Calculate the bond's bid-asked spread

12.

A bond with face value of $250000 has a bid quote of 101.0276 and an asked quote of 101.1692. Calculate the bond's bid-asked spread in dollars.

$499.00

$450.75

$354.00

$375.50

$505.50

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