A bond is quoted 101.3513 "ask," and 97.3852 "bid." What is the bid-ask spread in this bond if the bond's face value is $1,000? O $13.43 O $45.26 O $33.97 O $39.66

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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A bond is quoted 101.3513 "ask," and 97.3852 "bid." What is the bid-ask spread in this bond if the
bond's face value is $1,000?
O $13.43
O $45.26
O $33.97
O $39.66
Transcribed Image Text:A bond is quoted 101.3513 "ask," and 97.3852 "bid." What is the bid-ask spread in this bond if the bond's face value is $1,000? O $13.43 O $45.26 O $33.97 O $39.66
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