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US Treasury Quotes from the WSJ on Oct

Question 37

Multiple Choice

U.S. Treasury quotes from the WSJ on Oct. 15, 2003: U.S. Treasury quotes from the WSJ on Oct. 15, 2003: If yields increase by 10 basis points, what is the approximate price change on the $100,000 Treasury note? Use the duration approximation relationship. A) +$179.39 B) +$16.05 C) -$1,605.05 D) -$16.05 E) +$160.51 If yields increase by 10 basis points, what is the approximate price change on the $100,000 Treasury note? Use the duration approximation relationship.


A) +$179.39
B) +$16.05
C) -$1,605.05
D) -$16.05
E) +$160.51

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