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You Purchase a 9 3/4s 2009 Feb

Question 65

Multiple Choice

You purchase a 9 3/4s 2009 Feb. $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%
B) 8.75%
C) 9.75%
D) 9.81%
E) 10.47%

Correct Answer:

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