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:

Flagellated Sperm

Sperm cells equipped with a flagellum, allowing for motility in fluid environments, commonly found in many plants and some animals.

Bryophytes

Non-vascular plants that include mosses, liverworts, and hornworts, characterized by their life cycles and lack of true roots and leaves.

Sporophytes

The diploid, spore-producing phase in the life cycle of plants that undergo alternation of generations.

Triploid Cell

A cell that has three sets of chromosomes, often occurring in plants and some species of fish and amphibians.