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Suppose you observe the following quotes from two different dealers for a corporate bond issued by Comcast Corp. If you buy the bond on 11/4/2021,

Suppose you observe the following quotes from two different dealers for a corporate bond issued by Comcast Corp. If you buy the bond on 11/4/2021, what is the cheapest clean price you could pay for $2,500,000 face value worth of the bonds?image text in transcribed

Date Issuer Maturity Coupon Bid Price Asked Price 11/4/2021 Comcast Corp Oct 15, 2048 4.25 $97.5 $98.0 11/4/2021 Comcast Corp Oct 15, 2048 14.25 $98.0 $98.5

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