Exhibit 21 $$\begin{array} { c c c } & \text { T-Eill } & \text { Euradollar } \\ \text { September } & 95.24 & 94.6\end{array}$$

question 38

Multiple Choice

Exhibit 21.7
Use the Information Below for the Following Problem(S)
Assume that you observe the following prices in the T-Bill and Eurodollar futures markets
$$\begin{array} { c c c } & \text { T-Eill } & \text { Euradollar } \\ \text { September } & 95.24 & 94.6\end{array}$$
-Refer to Exhibit 21.7.If you expected the TED spread to narrow over the next month then an appropriate strategy would be to

• A) Go long T-Bill futures and long Eurodollar futures.
• B) Go short T-Bill futures and short Eurodollar futures.
• C) Go long T-Bill futures and short Eurodollar futures.
• D) Go short T-Bill futures and long Eurodollar futures.
• E) None of the above.

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Definitions:

Business-to-Business (B2B)

transactions or relations conducted directly between companies rather than between companies and individual consumers.

E-commerce

The buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.

Credit Card Transactions

Financial operations where purchases are made or services paid for using a credit card.

Cell Phone Location

The determination or estimation of the geographical position of a mobile phone, often used for services such as emergency assistance or navigation.