A Treasury Bond Has a Dollar Price of $1,015

question 49

Multiple Choice

A Treasury bond has a dollar price of $1,015.63. What would you expect the bond quote to be?

• A).101563
• B)1.01563
• C)10.1563
• D)101.563
• E)1015.63

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Definitions:

Overseas Production

The manufacturing of goods in a country different from where the products are sold, often to take advantage of lower labor costs or other economic conditions.