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A Treasury bond has a quoted bid price of 101.46875 and a quoted ask price of 101.6875. What is the amount you will receive if

A Treasury bond has a quoted bid price of 101.46875 and a quoted ask price of 101.6875. What is the amount you will receive if you sell your bond that has a par value of $15,000?

Multiple Choice

$15,062.60
$15,100.08
$15,050.45
$15,016.12
$15,220.31

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