A $5,000 Face Value Bond Has a Bid Quote of 99.8742

question 84

Multiple Choice

A $5,000 face value bond has a bid quote of 99.8742 and a bid-ask spread of 0.1356.What price will you receive if you sell this bond today? Ignore any accrued interest or trading costs.

• A)$998.74
• B)$1,000.10
• C)$5,009.02
• D)$4,993.71
• E)$5,010.27

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Definitions:

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A sociological perspective that examines society and individual behaviors through the study of symbols, meanings, and interactions between people.

Excessive Force

The use of force greater than what is deemed reasonable or necessary under the circumstances by law enforcement personnel.

Miscegenation

Romantic, sexual, or marital relationships between people of different races.

Homogamy

The similarity of individuals married to each other, usually in terms of socioeconomic status, education, religion, or ethnicity.