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US Treasury Quotes from the WSJ on Oct

Question 109

Multiple Choice

U.S. Treasury quotes from the WSJ on Oct. 15, 2003: U.S. Treasury quotes from the WSJ on Oct. 15, 2003: What is the duration of the above Treasury note? Use the asked price to calculate the duration. Recall that Treasuries pay interest semiannually. A) 3.86 years. B) 1.70 years. C) 2.10 years. D) 1.90 years. E) 3.40 years. What is the duration of the above Treasury note? Use the asked price to calculate the duration. Recall that Treasuries pay interest semiannually.


A) 3.86 years.
B) 1.70 years.
C) 2.10 years.
D) 1.90 years.
E) 3.40 years.

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