You Purchase a 9 3/4s February $10,000 Par Treasury Note

question 131

Multiple Choice

You purchase a 9 3/4s February $10,000 par Treasury note at 101:11 and hold it for exactly one year at which time you sell it. What is your rate of return if your selling price is 101:17?

• A) 8.14 percent
• B) 8.75 percent
• C) 9.75 percent
• D) 9.81 percent
• E) 10.47 percent

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Definitions:

Managerial Positions

Roles within an organization that are responsible for overseeing, directing, and planning the work of others and making strategic decisions.

Expected Value

The average outcome of a random variable, calculated as a weighted average of all possible values.

Number Of Clients

The total count of individuals or entities that receive services or goods from a business or organization.

Probability Model

A mathematical representation of random phenomena, describing all possible outcomes and the likelihood of each outcome occurring.