A treasury issue is quoted at 10717 bid and 10731 ask, Ask an Expert

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A Treasury issue is quoted at 107:17 bid and 107:31 ask. Assume a face value of $1,000. What is the least you could pay to acquire a bond? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

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Financial Management, Finance

Category:- Financial Management
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