Question: Please provide calculator steps if necessary. If yields decrease by 10 basis points on the $100,000 treasury note, what is the amount of error (Plinear

Please provide calculator steps if necessary. If yields decrease by 10 basis points on the $100,000 treasury note, what is the amount of error (Plinear duration - Pmarket) in the price estimate using the duration relationship versus the true bond price determined in the market?

a) +0.021886

b) 0.023118

c) -0.0014133

d) -0.016053

e) none of the above

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