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A Treasury issue is quoted at 104.25565 bid and 104.295 ask. Assume a face value of $1,000. What is the least you could pay to

A Treasury issue is quoted at 104.25565 bid and 104.295 ask. Assume a face value of $1,000. What is the least you could pay to acquire a bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

and no the answer is not 104.295

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