What Is the Price Difference on a $100,000, 10-Year Treasury

question 58

Multiple Choice

What is the price difference on a $100,000, 10-year Treasury note futures contract between the highest and lowest prices at which the bond traded on this day? Treasury note, $100,000, pts and one-half of 1/32 of a point.
$\begin{array}{ccccc}\text { Contract } & \text { Open } & \text { High } & \text { Low } & \text { Close } \\\text { Jun, } 10 \mathrm{Yr} . \text { Treasury note } & 115^{\prime} 270 & 116^{\prime} 065 & 115^{\prime} 000 & 115^{\prime} 035\end{array}$

• A)$106.50
• B)$1,065.00
• C)$1,203.13
• D)$10,650.00
• E)$12,031.30

Comprehend the importance and methods of experiential learning in management development.

Grasp the role of emotional and intellectual intelligence in effective management and leadership.

Understand the various strategies and tools for managing and resolving conflict.

Identify the impact of macro environmental forces on organizational leadership and management development.

---

Definitions:

Efficiency Wage Rate

A wage rate set above the market-clearing level by employers to boost worker productivity, discourage shirking, and reduce turnover.

Wage Rigidity

Wage rigidity refers to the phenomenon where wages do not adjust quickly or easily to changes in labor market conditions, often due to contracts, norms, or regulations.

No Shirking Constraint

An economic principle suggesting that wages must be set at a level that discourages employees from shirking their duties.

Supply of Labor Curve

A graphical representation showing the relationship between the wage rate and the quantity of labor that workers are willing to supply.