Exhibit 21 $$\begin{array} { c c c } & \text { T-Eill } & \text { Eurqdollar } \\\text { September } & 93.25 & 92.35\end{array}$$

question 61

Multiple Choice

Exhibit 21.6
Use the Information Below for the Following Problem(S)
Assume that you observe the following prices in the T-Bill and Eurodollar futures markets
$$\begin{array} { c c c } & \text { T-Eill } & \text { Eurqdollar } \\\text { September } & 93.25 & 92.35\end{array}$$
-Refer to Exhibit 21.6.Assume that a month later the price of the September T-Bill future is 93 and the price of the Eurodollar future is 90.25.Calculate the profit on the Eurodollar futures position.

• A) 190 basis points.
• B) 210 basis points.
• C) -190 basis points.
• D) -210 basis points.
• E) 100 basis points.

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Definitions:

Cilia

Microscopic, hair-like structures on the surface of cells, which move in a wave-like fashion to transport substances.

Cranial Nerves

Nerves that emerge directly from the brain, in contrast to spinal nerves, and are numbered from I to XII, each with specific functions related to senses and movement.

Organ of Corti

The sensory organ located within the cochlea of the inner ear, critical for the process of hearing by converting sound vibrations into neural signals.

Nerve Impulses

Nerve impulses are electrical signals that travel along neurons, facilitating communication within the nervous system.