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

Question 9

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%
B) 8.16%
C) 8.55%
D) 8.61%
E) 10.25%

Correct Answer:

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