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T-Bond with a $10,000 par is quoted at a bid of 92:11 and ask of 92:17. If you bought the bond and then immediately sold
T-Bond with a $10,000 par is quoted at a bid of 92:11 and ask of 92:17. If you bought the bond and then immediately sold it at the same quotes, how much money would you gain or lose (ignore commissions)?
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Small Business Management Launching and Growing New Ventures
Authors: Justin Longenecker, Leo Donlevy, Terri Champion, William Petty, Leslie Palich, Frank Hoy
6th Canadian edition
