The price quotations of Treasury bonds in the Wall Street Journal show an ask price of 104.25 and a bid price of 104.125. As a seller of the bond, what is the dollar price you expect to receive? $1,048.00 $1,042.50 $1,041.25 O $1,041.75

The price quotations of Treasury bonds in the Wall Street Journal show an ask price of 104.25 and a bid price of 104.125. As a seller of the bond, what is the dollar price you expect to receive? $1,048.00 $1,042.50 $1,041.25 O $1,041.75

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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Question

The price quotations of Treasury bonds in the Wall Street Journal show an ask price of 104.25 and
a bid price of 104.125. As a seller of the bond, what is the dollar price you expect to receive?
$1,048.00
$1,042.50
$1,041.25
$1,041.75

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