Question: How much would you expect to pay for a $10,000 Treasury note quoted at 95:27? a. $9,627.00 b. $10,000.00 c. $968.44 d. $9,684.38 e. None
How much would you expect to pay for a $10,000 Treasury note quoted at 95:27?
| a. | $9,627.00 |
| b. | $10,000.00 |
| c. | $968.44 |
| d. | $9,684.38 |
| e. | None of the above |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
