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

question 68

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.Assume that a month later the price of the September T-Bill future is 96.25 and the price of the Eurodollar future is 95.9.Calculate the profit on the T-Bill futures position.

• A) 101 basis points.
• B) 130 basis points.
• C) -101 basis points.
• D) -130 basis points.
• E) 29 basis points.

Understand the cost implications of different loan types and interest calculation methods.

Understand the warning signs of potential debt problems and the consequences of various debt management decisions.

Recognize the importance of considering various factors before deciding to borrow money.

Identify the role and support system of Consumer Credit Counseling Services.

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