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Mars2501 [29]
3 years ago
9

A dealer in U.S. government securities quotes a 5-year Treasury note at 89.12-89.16. In dollars, that represents a spread of

Law
2 answers:
Korolek [52]3 years ago
6 0

Answer:

money

Explanation:

Arturiano [62]3 years ago
4 0

Explanation:

Treasury notes and bonds are quoted in fractions of 32nds. The spread between the bid and the ask is 4/32nds. In simpler terms, that is 1/8th. Each point is $10.00, so this 1/8th of $10.00 is equal to $1.25.

T bonds and Notes are quotes in 1/32s

hope it helps!

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