If a Treasury Note Has a Bid Price of $995

question 18

Multiple Choice

If a Treasury note has a bid price of $995, the quoted bid price in the Wall Street Journal would be

• A) 99:50.
• B) 99:16.
• C) 99:80.
• D) 99:24.
• E) 99:32.

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Definitions:

Retirement of a Bond

The repayment of the principal amount of a bond at or before its maturity date, effectively extinguishing the debt.

Other Comprehensive Income

Specified items that are reported separately from net income, including foreign currency items, pension liability adjustments, and unrealized gains and losses on investments.

Financial Statements

Reports that summarize the financial performance, position, and cash flows of a business over a specific period, typically including balance sheets, income statements, and cash flow statements.

Puma Company

A global athletic and footwear brand known for its sports and lifestyle products.