The current US 10-year Tresury Note is quoted at a bid-offer spread of 100-16 to 100-17^+. A bond dealer is asked to sell $100m of these Treasury Notes is most likely to show a price offer of: A. 100.546875 B. 100.1650 C. 100.500 Please show work!!!
The current US 10-year Tresury Note is quoted at a bid-offer spread of 100-16 to 100-17^+. A bond dealer is asked to sell $100m of these Treasury Notes is most likely to show a price offer of: A. 100.546875 B. 100.1650 C. 100.500 Please show work!!!
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The current US 10-year Tresury Note is quoted at a bid-offer spread of 100-16 to 100-17^+. A bond dealer is asked to sell $100m of these Treasury Notes is most likely to show a price offer of:
A. 100.546875
B. 100.1650
C. 100.500
Please show work!!!
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