A Treasury bond is quoted as 99.6325 bid and 99.675 asked. What is the bid-ask spread in dollars on a $4,000 face value bond?
bid= 99.6325, ask= 99.675
bid-ask spread= 99.675-99.6325= 0.0425 per dollaR
so, bid ask SPREAD in dollars for face value of 4000$= 0.0425*4000= 170
A Treasury bond is quoted as 99.6325 bid and 99.675 asked. What is the bid-ask spread...
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