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US Treasury Quotes from the WSJ on Oct

Question 24

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
-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

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