An Institutional Investor Agrees to Buy Treasury Notes from a Securities

question 57

Multiple Choice

An institutional investor agrees to buy Treasury notes from a securities dealer for $997,250,and promises to sell the securities back to the dealer in 4 days for $997,575.The yield on this reverse repo for the investor is:

• A)2.97%
• B)2.91%
• C)2.86%
• D)2.93%

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Definitions:

Group Cohesion

The strength and solidarity of the bonds among group members, contributing to the group's unity, commitment, and capacity to act as a single entity.

Task Cohesion

The degree to which group members work together towards a common goal and the level of commitment to achieving that goal.

Entitativity

The degree to which a group is perceived as being a coherent, unified entity.

Collective Efficacy

The shared belief in a group's capability to organize and execute the courses of action required to produce given levels of achievements.