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Suppose a CBOT 10-year U.S. Treasury note futures contract has a quoted price of89-o9. What is the implied annual interest rate inherent in this futures

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Suppose a CBOT 10-year U.S. Treasury note futures contract has a quoted price of89-o9. What is the implied annual interest rate inherent in this futures contract? O a. 8.32% b. 7.92% O c. 7.55% O d. 7.17% O e. 6.81% Suppose a CBOT 10-year U.S. Treasury note futures contract has a quoted price of89-o9. What is the implied annual interest rate inherent in this futures contract? O a. 8.32% b. 7.92% O c. 7.55% O d. 7.17% O e. 6.81%

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