Suppose a CBOT 10-year U.S.Treasury note futures contract has a quoted price of 89-09.What is the implied annual interest rate inherent in this futures contract?
A)6.81%
B)7.17%
C)7.55%
D)7.92%
E)8.32%

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The Answer of Suppose a CBOT 10-year U.S.Treasury note futures contract has a quoted price of 89-09.What is the implied annual interest rate inherent in this futures contract?
A)6.81%
B)7.17%
C)7.55%
D)7.92%
E)8.32%

Suppose a CBOT 10-Year U