Which of the Following Is True

question 494

Multiple Choice

Which of the following is true?

• A) The 3-month Sterling (SHORT STERLING) futures contract has a basis point value of GBP 25.00 and a face value of GBP 1,000,000 .00
• B) The EUROYEN TIBOR futures contract has a basis point value of JPY 25,000 and a face value of JPY 1,000,000,000
• C) The CME EURODOLLAR futures contract has a minimum price interval of one-quarter basis point value (0.0025) for the nearest contract
• D) The 3-month EURIBOR futures contract has a minimum price interval of half a basis point value (0.0050) for the nearest contract

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Definitions:

Random Variable

A variable characterized by numerical outcomes derived from phenomena of chance.

Population Mean

The average value of a given characteristic across the entire population.

Probability Distribution

A mathematical description of a random phenomenon in terms of the probabilities of various possible outcomes.

Sample Size

The number of observations or data points collected in a sample from a population.