You jut purchaed ome Treaury bond that were quoted at 101:12. What i the market price of your bond if you purchaed $900 in term of face value?
Market price = $
$220,000 worth of Treaury bond ha a bid price quote of 109:17 and an aked quote of 109:18. In dollar, what i the value of the bid-ak pread on thi bond?
Repone
$687. 50
$22. 00
$68. 75
$220. 0
