Question: Given the following listing for a Treasury note, calculate the bid-ask spread. (Round your answer to 4 decimal places.) Rate 6.5 Maturity Mo /Yr May

Given the following listing for a Treasury note, calculate the bid-ask spread. (Round your answer to 4 decimal places.) Rate 6.5 Maturity Mo /Yr May 12n Bid 107.8769 Asked 107.9955 Chg +1 Asked Yld. 3.86 Bid-ask spread
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
