Question
A T-Bond with a $10,000 par is quoted at a bid of 92:11 and ask of 92:17. If you bought the bond and then immediately
A T-Bond with a $10,000 par is quoted at a bid of 92:11 and 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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Personal Finance
Authors: E Thomas Garman, Raymond E Forgue
10th Edition
143903902X, 9781439039021
