[Solved] A Treasury issue is quoted at 104.37905 b

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A Treasury issue is quoted at 104.37905 bid and 104.415 ask. Assume a face value of $1,000. What is the least you could pay to

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A Treasury issue is quoted at 104.37905 bid and 104.415 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.) Price

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