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We looked up a Treasury bond bid-ask spread in the financial press and it was +0.4521. How much money does this spread represent (approximately)? a)

We looked up a Treasury bond bid-ask spread in the financial press and it was +0.4521. How much money does this spread represent (approximately)? a) $0.4521 b) $45.21 $4.521** $0.004521 We can't tell without knowing the bid and ask prices

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