Question: Given the following listing for a Treasury note, calculate the bid-ask spread. Assume a face value of $1,000. (Round your answer to 4 decimal places.)

 Given the following listing for a Treasury note, calculate the bid-ask

Given the following listing for a Treasury note, calculate the bid-ask spread. Assume a face value of $1,000. (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 blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!