23.03.2023 - 20:01

A U.S. 15-year Treasury bond is now selling with a quote at 100:25. That means, it is selling _____ for 100.25 percent of face value. a. for 25 percent more than par value. b. at par and pays an 25 pe

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A U.S. 15-year Treasury bond is now selling with a quote at 100:25.

That means, it is selling _____ for 100.25 percent of face value.

a. for 25 percent more than par value.

b. at par and pays an 25 percent coupon.

c. for 100 and 25/32nds percent of face value.

d. at an 25 percent discount.

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