What Is the Absolute Price Difference on a $100,000,5-Year Treasury

question 44

Multiple Choice

What is the absolute price difference on a $100,000,5-year Treasury note futures contract between the high and low prices? Treasury note,$100,000,pts and one-quarter of 1/32 of a point

• A) $428.13
• B) $512.08
• C) $625.33
• D) $787.50
• E) $811.33

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Definitions:

Operant Behavior

Behavior that is controlled by its consequences, including rewards and punishments, in the context of operant conditioning a type of learning process.

Associative Learning

The method through which a person grasps the association between two signals or between an action and its result.

Spontaneous Recovery

The reappearance of a learned response after its apparent extinction, often occurring in the absence of further conditioning.

Acquisition

The process of gaining a new skill, knowledge, behavior, or object through experience, practice, or the act of obtaining.