How Much Funds Will I Receive from Issuing in Australia

question 36

Multiple Choice

How much funds will I receive from issuing in Australia a 180- day commercial bill of $70 000 at a yield of 7.2% (assuming no fees) ?

• A)$67 567.75
• B)$72 800.67
• C)$67 599.75
• D)$67 514.52

---

Definitions:

Control Group

A group in a scientific experiment where the experimental procedure is applied, except for the variable being tested, serving as a comparison to determine the effect of the treatment.

External Validity

The ability to extend the outcomes of a research study to different environments and various people.

Internal Validity

Refers to the extent to which a study can establish a causal relationship between its variables, eliminating alternative explanations.

Nomothetic Insights

Generalizations or laws that apply to large numbers of individuals, often used in the context of psychology to identify universal traits or behaviors.