$36$

Multiple Choice $1\mathrm{.}5$ points

The price quotations of Treasury bonds in the Wall Street Journal show a bid price of $104\mathrm{.}5313$ and an ask price of $104\mathrm{.}5489.$ If you sell a Treasury bond, you expect to receive

$ $1,045\mathrm{.}00$

$$1,000\mathrm{.}00$

$ $1,045\mathrm{.}48$

$ $1,045\mathrm{.}31$

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