Suppose the December CBOT Treasury Bond Futures Contract Has a Quoted

question 4

Multiple Choice

Suppose the December CBOT Treasury bond futures contract has a quoted price of 80'07.What is the implied annual interest rate inherent in the futures contract?

• A) 6.86%
• B) 7.22%
• C) 7.60%
• D) 8.00%
• E) 8.40%

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Definitions:

Courtesy

The showing of politeness in one’s attitude and behavior toward others.

Organizational Success

The achievement of goals and objectives by a company or organization, measured through factors like profitability, growth, and market share.

Individual Success

The achievement of personal goals and objectives, which can vary widely among individuals according to their values and aspirations.

Positive Reinforcement

A method in behavior management that uses rewards to encourage the recurrence of a desired action.