A Treasury Bond Is Quoted at a Price of 105:21

question 308

Multiple Choice

A Treasury bond is quoted at a price of 105:21. What is the market price of this bond if the face value is $1,000?

• A) $105.21
• B) $106.56
• C) $1,052.10
• D) $1,056.56
• E) $1,065.60

---

Definitions:

Cross-cultural Differences

Variations in how different cultures perceive, interpret, and interact with the world around them, affecting communication and behavior.

Leadership Behavior

The specific actions and strategies employed by leaders to motivate, influence, and guide the performance and development of their followers.

Cultural Values

The core principles and standards shared by members of a culture, guiding beliefs, behaviors, and practices.

Nonprofit

An organization that operates for the collective, public, or social benefit rather than generating profit for owners or investors.