A 91-day $10,000 Treasury bill is selling for $9,000. The bill's coupon equivalent yield is __________ percent
A) 3.96
B) 4.46
C) 8.02
D) 10.0
B
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The higher the exchange rate today, the
A) smaller is the expected profit from buying U.S. dollars today and holding them. B) greater is the expected profit from buying U.S. dollars today and holding them. C) smaller is the expected profit from buying foreign currency today and holding it. D) greater the quantity of U.S. dollars demanded in the foreign exchange market today.
If workers leave a country to seek out better opportunities in another country, then this will
A) shift the short-run aggregate supply curve of the original country to the right. B) shift the short-run aggregate supply curve of the original country to the left. C) move the original economy up along a stationary short-run aggregate supply curve. D) move the original economy down along a stationary short-run aggregate supply curve.
Based on Scenario 6.1 above, value added in the United States is
A) $500. B) $600. C) $400. D) $300. E) None of the above.
Suppose a market has the demand function Qd=20-0.5P. Between which of the following price ranges is demand most inelastic?
a. $0 to $10 b. $10 to $20 c. $20 to $30 d. $30 to $40