Business
Business, 06.03.2020 22:46, Huvch7255

Willis purchased a 5 percent, $3,000 corporate bond when the asked quote was 101.16 and the bid quote was 101.15. He sold the bond when the asked quote was 101.08 and the bid quote was 101.06. What was his capital gain/loss?

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Willis purchased a 5 percent, $3,000 corporate bond when the asked quote was 101.16 and the bid quot...

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