different races have different opportunities
As a seller we would receive $1,041.25
<u>Solution:</u>
You may receive the bid price of the dealer,
of $1,000, or $1,041.25
Prices of treasury bonds are expressed as par value amounts.
The quote price of 104:25 means that the bond is priced at
of the par value.
Therefore, if the debt is $1,000, the dollar values to be charged by the borrower should be 
Answer:
a letter issued by a bank to another bank to serve as a guarantee for payments made to a specified person under specified conditions.
Explanation: