If a Treasury Note Has a Bid Price of $996

question 49

Multiple Choice

If a Treasury note has a bid price of $996.25, the quoted bid price in the Wall Street Journal would be ________.

• A) 99:5/8
• B) 99:6/10
• C) 99.6250
• D) none of the options

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Definitions:

Regression Model

A mathematical method applied to forecast the outcome of a target variable by analyzing the influence of one or several predictor variables.

Indicator Variable

A variable that takes on the value of 0 or 1 to indicate the absence or presence of some categorical effect or attribute.

Multiple Regression

A statistical analysis tool that assesses the effect of multiple independent variables on a particular dependent variable.

Stepwise Regression

A technique in regression modeling that involves automatically selecting which variables predict the outcome.