A treasury issue is quoted at 11703 bid and 11717 ask, Ask an Expert

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A Treasury issue is quoted at 117:03 bid and 117:17 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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