Question: Given the following listing for a Treasury note, calculate the bid-ask spread. (Round your answer to 4 decimal places.) Rate Maturity Mo /Yr Bid Asked

Given the following listing for a Treasury note, calculate the bid-ask spread. (Round your answer to 4 decimal places.)

Rate Maturity Mo /Yr Bid Asked Chg. Asked Yld.
6.5 May 12n 107.9601 108.1081 +1 3.86

Bid-ask spread $

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