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You Purchase a 9 3/4s February $10,000 Par Treasury Note

Question 131

Multiple Choice

You purchase a 9 3/4s February $10,000 par Treasury note at 101:11 and hold it for exactly one year at which time you sell it. What is your rate of return if your selling price is 101:17?


A) 8.14 percent
B) 8.75 percent
C) 9.75 percent
D) 9.81 percent
E) 10.47 percent

Correct Answer:

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