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Question
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
E. +$160.51
Answer
This answer is hidden. It contains 73 characters.
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