You read in The Wall Street Journal that 30-day T-bills are currently yielding 8 percent. Your brother-in-law, a broker at Kyoto Securities, has given you the following estimates of current interest rate premiums: ? Inflation premium           5% Liquidity premium          1% Maturity risk premium    2% Default risk premium      2% ? Based on these data, the real risk-free rate of return is:

A. 0 percent.
B. 1 percent.
C. 2 percent.
D. 3 percent.
E. 4 percent.


Answer: D

Business

You might also like to view...

Scheduling jobs into the future based upon job arrival date refers to?

a. Backward scheduling b. Forward scheduling c. Inverse scheduling d. Advance scheduling

Business

In almost all cultures, adults usually use higher-pitched voices when speaking to children

Indicate whether the statement is true or false

Business

________ are relationships with other entities, such as competing firms or government.

a. Competitive relationships b. Horizontal relationships c. Thorough relationships d. Vertical relationships

Business

Coordinating conjunctions join sentence parts of equal rank

Indicate whether the statement is true or false

Business