a treasury bond has a quoted bid price of 97.125 and a quoted ask price of 97.255. what is the amount you will recieve if you sell your bond that has a par value of 25,000

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter4: Bond Valuation
Section: Chapter Questions
Problem 14P: Current Yield with Semiannual Payments A bond that matures in 7 years sells for $1,020. The bond has...
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a treasury bond has a quoted bid price of 97.125 and a quoted ask price of 97.255. what is the amount you will recieve if you sell your bond that has a par value of 25,000

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