The difference between the price that a dealer is
willing to pay and the price at which he or she will sell is called the:
D. call price.
22. A bond is quoted at a price of $989. This price is
referred to as which one of the following?
A. call price
B. face value
C. clean price
D. dirty price
E. wholesale price
23. Pete paid $1,032 as his total cost of purchasing a
bond. This price is referred to as the:
A. quoted price.
B. spread price.
C. clean price.
D. dirty price.
E. call price.
24. Real rates are defined as nominal rates that
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