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Refer to the Treasury-note and Treasury-bond quotes in Table 61. a. What is the asking price on the 2.500 percent May 2024 Treasury-bond if the

Refer to the Treasury-note and Treasury-bond quotes in Table 61. a. What is the asking price on the 2.500 percent May 2024 Treasury-bond if the face value of the bond is $10,000? b. What is the bid price on the 0.500 percent July 2016 Treasury-note if the face value of the bond is $10,000?image text in transcribed

TABLE 6-1 Treasury Note and Bond Quote Source: The Wall Street Journal Online, May 24, 2016. www.wro..uviul

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