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A bond has an ask quote of 99.5625 and a bid quote of 99.5475. How much will the bond dealer make on the purchase and

A bond has an ask quote of 99.5625 and a bid quote of 99.5475. How much will the bond dealer make on the purchase and resell of a $100,000 bond?

choose one answer?

___$150 ___$1,500 ___$15 ___$1.50

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