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5. A T-bond with a $10,000 par is quoted at a bid of 92-11 and an ask of 92-17. If you bought the bond and
5. A T-bond with a $10,000 par is quoted at a bid of 92-11 and an ask of 92-17. If you bought the bond and then immediately sold it at the same quotes, how much money would you gain or lose (ignore commissions)?
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