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Locate the Treasury bond in Figure 7.5 maturing in October 2025. Assume a $10,000 par value. What is the bid-ask spread in dollars? (Do not

Locate the Treasury bond in Figure 7.5 maturing in October 2025. Assume a $10,000 par value.

What is the bid-ask spread in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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1/31/2025 2.5 103.202 103.206 -0.004 1.765 10/31/2025 3 106.212 106.216 -0.002 1.814 11/15/2026 6.5 130.2 130.21 -0.030 1.821 8/15/2017 6375 12217 12218 22 1Qs

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