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Question
A T-Bond with a $10,000 par is quoted at a bid of 92:11 and an 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)?
A. $12.50
B. -$12.50
C. -$18.75
D. $18.75
E. $0.00
Answer
This answer is hidden. It contains 25 characters.
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