Question: HCA has a 4.75% coupon note maturing on 5/1/2023. Two prices are reported in Bloomberg: 108.802/109.013. Which of the following statements is true? 108.802 is

HCA has a 4.75% coupon note maturing on 5/1/2023. Two prices are reported in Bloomberg: 108.802/109.013. Which of the following statements is true?

108.802 is the bid price, i.e., the price you will pay the dealer for the note

108.802 is the ask price, i.e., the price you would sell the note to a dealer

109.013 is the ask price, i.e., the price the dealer would sell to you

109.013 is the bid price, i.e., the price the dealer will buy from you

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