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:

Stockbroker

A professional who buys and sells stocks and other securities through market exchanges on behalf of investors, typically in exchange for a fee or commission.

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Activities or processes that provide value to customers or beneficiaries, often intangible, and aimed at meeting their needs or solving problems.

Service Technology

Technologies and systems designed to improve and support the delivery, management, and quality of services.

Passenger

An individual who travels in a vehicle, such as a car, bus, train, or airplane, typically without participating in its operation.