A T-Bond with a $10,000 Par Is Quoted at a Bid

question 44

Multiple Choice

A T-bond with a $10,000 par is quoted at a bid of 92-11 and an ask of 92-17. If you bought the bond and then immediately sold it at the same quotes,how much money would you gain or lose (ignore commissions) ?

• A)$12.50
• B)− $12.50
• C)− $18.75
• D)$18.75
• E)$0.00

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Definitions:

Selective Perception

Selective perception is the process by which individuals perceive what they want to in media messages while ignoring opposing viewpoints, based on their background, beliefs, and attitudes.

Response Characteristic

Features or aspects of an individual's reactions or responses to stimuli or situations, often studied in psychological assessments.

Distinctiveness

The quality of being distinguishable or markedly different from others, often leading to a sense of individuality.

Consistency

The degree to which a person or process reliably produces the same results over time.