You Purchase a 10 1/4s February $10,000 Par Treasury Note

question 110

Multiple Choice

You purchase a 10 1/4s February $10,000 par Treasury note at 102:15 and hold it for exactly one year at which time you sell it. What is your rate of return if your selling price is 104:14?

• A) 11.92 percent
• B) 8.16 percent
• C) 8.55 percent
• D) 8.61 percent
• E) 10.25 percent

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Definitions:

Marketing

The process of creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

Value

The significance, value, or benefit of something to an individual.

Institutions

Established organizations or foundations, especially those dedicated to education, public service, or culture.

Auction Sites

Online platforms where goods or services are sold to the highest bidder through a competitive bidding process.