Which of the Following Best Expresses the Formula for Determining

question 46

Multiple Choice

Which of the following best expresses the formula for determining the price of a U.S. Treasury bill that matures n periods from now per $100 of face value when the interest rate is i? ?

• A) $100/(1 + i)ⁿ
• B) $100(1 + i)
• C) $100/(1 + i)
• D) 1 + $100/(1 + i)ⁿ

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Definitions:

Bamboo Forests

Densely populated areas primarily made up of bamboo plants, which can be crucial for the ecosystem and wildlife, particularly pandas.

Biosphere Reserve

Areas designated under UNESCO’s Man and the Biosphere Programme to promote sustainable development by combining scientific research, conservation, and education.

Ecotourism

A form of tourism that focuses on the conservation of natural environments and the improvement of the well-being of local people.

Hunting

The activity of pursuing and killing or capturing wildlife or feral animals, primarily done by humans for food, recreation, or trade.