The price quotations of U.S. Treasury bonds show an ask price of 101.78 and a bid...

The price quotations of U.S. Treasury bonds show an ask price of 101.78 and a bid price of 101.49. If you want to buy one bond at the market price, what is the dollar price you expect to pay?

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U.S. Treasury bonds show an ask price of 101.78 and a bid price of 101.49.

If a person wants to buy a bond at a market price then he had to buy it at ask price of 101.78

Dollar price expected to pay is at the rate of 101.78

If we assume a face value of $1000 then can expect to pay = 101.78*10 = $1017.8

Answer: $1017.8

jeff jeffy answered 2 years ago

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