A Dealer Is Quoting a 180-Day T-Bill with a Face

question 7

Multiple Choice

A dealer is quoting a 180-day T-Bill with a face value of $10,000 that is quoted at 3.75 bid, 3.60 ask. This bill can be bought at ________ or can be sold at ________.

• A) $9,879.23; $9,864.36
• B) $9,864.36; $9,859.23
• C) $9,820.00; $9,812.50
• D) $9,802.50; $9,787.50

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Definitions:

Adjusted Betas

Betas that have been modified to account for the tendency of a stock's market risk measure to regress towards the mean over time, used in finance to predict future betas.

Market Index

A statistical aggregate that measures the performance of a basket of stocks to represent a particular market or sector.

Beta Coefficients

Statistical measures indicating the volatility of a stock or portfolio in comparison to the volatility of the overall market.

Industry Group

A classification of companies that conduct similar types of business, used for analysis and comparison within the stock market.