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What price will be paid for a u.s. treasury bond with an ask price of 135:20? a. $1,350.20 b. $1,350.31 c. $1,350.63 d. $1,356.25?
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What price will be paid for a u.s. treasury bond with an ask price of 135:20?

a. $1,350.20

b. $1,350.31

c. $1,350.63

d. $1,356.25?

User Harden
by
5.4k points

1 Answer

4 votes

135:20=135 20/32 x 1000 = 1356.25 d. $1,356.25?

User Nicholas Flees
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6.0k points
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