Question: Suppose a CBOT 10-year U.S. Treasury note futures contract has a quoted price of 103-18. What is the implied annual interest rate inherent in the

Suppose a CBOT 10-year U.S. Treasury note futures contract has a quoted price of 103-18. What is the implied annual interest rate inherent in the futures contract?

		4.74%
		4.99%
		5.25%
		5.53%
		5.81%

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