A Treasury Bond Has a Face Value of $25,000 and a Quoted

question 95

Multiple Choice

A Treasury bond has a face value of $25,000 and a quoted price of 102:20.What is the bond's dollar price?

• A) $25,002.80
• B) $25,102.18
• C) $25,656.25
• D) $25,787.50
• E) $31,475.00

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Definitions:

Experimental Group

The group in an experiment that receives the treatment or the variable being tested.

Control Group

In experimental research, a group of subjects that does not receive the experimental treatment or intervention being tested, used as a benchmark to measure the effect of the treatment.

Controlled Experiment

A scientific test that is directly manipulated by a researcher, to determine the effect of a variable on a particular system.

Variable

An element, feature, or factor that is liable to vary or change; it is used in research to measure and analyze differences within experiments or studies.