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Given the following listing for a Treasury note, calculate the bid-ask spread. (Round your answer to 4 decimal places.) Rate Maturity Mo / Bid Asked

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Given the following listing for a Treasury note, calculate the bid-ask spread. (Round your answer to 4 decimal places.) Rate Maturity Mo / Bid Asked Chg. Asked Yld 6.5 May 12n 107.9601 108.0518 +1 3.86 Bid-ask spread $ 0:54

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