-If Yields Increase by 10 Basis Points, What Is the |

question 50

Multiple Choice

$$\begin{array} { | l | l | l | l | l | } \hline \text { Rate } & \text { Maturity } & \text { Ask } & \text { Change } & \text { Ask yield } \\\hline 7.1250 & \text { Oct 15,2005 } & 102 : 08 & - 1 & 5.9156 \\\hline\end{array}$$
-If yields increase by 10 basis points, what is the approximate price change on the $100,000 Treasury note? Use the duration approximation relationship.

• A)+$179.39
• B)+$16.05
• C)-$1,605.05
• D)-$16.05
• E)+$160.51

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Definitions:

Thematic Apperception Test

A projective psychological test used to reveal a person's social drives or needs by their interpretation of a series of pictures of emotionally ambiguous scenes.

Henry Murray

An American psychologist who developed the theory of needs and the Thematic Apperception Test (TAT) for personality assessment.

Personality Psychology

The study of individual differences in personality and how they affect behavior and mental processes.

Psychogenic Needs

Psychological desires or requirements that motivate individuals to act in certain ways, often described in terms of satisfaction and emotional well-being.