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A Treasury bond is quoted as 99.7325 asked and 99.4289 bid. What is the bid-ask spread in dollars on a $500,000 face value bond? A.

A Treasury bond is quoted as 99.7325 asked and 99.4289 bid. What is the bid-ask spread in dollars on a $500,000 face value bond?

A. $862.50

B. $1,267.50

C. $1,275.25

D. $1,518.00

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