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Below is a quote for a T-bond which has a face value of $1,000. The quote follows 1/32 convention. What is the dollar value of

Below is a quote for a T-bond which has a face value of $1,000. The quote follows 1/32 convention.

What is the dollar value of the bid-ask spread

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0.313

.010

0.031

0.0456

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