You Purchase a 8 1/2s February $10,000 Par Treasury Note

question 41

Multiple Choice

You purchase a 8 1/2s February $10,000 par Treasury Note at 105:16 and hold it for exactly one year at which time you sell it.What is your rate of return if your selling price is 105:16?

• A) 8.00%
• B) 8.06%
• C) 8.22%
• D) 8.50%
• E) 8.47%

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Definitions:

Social Construction

Social construction is the theory that many aspects of reality, including shared beliefs, identities, and norms, are created through collective social processes rather than being inherent or natural.

Biological Fact

A statement or principle that is empirically verifiable based on biological research and knowledge.

Ethnicity

A social construct that categorizes individuals based on common cultural characteristics such as language, religion, and customs.

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Pertaining to or characteristic of colonialism, involving the practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.