Which of the Following Will Increase the Price of a Money

question 57

Multiple Choice

Which of the following will increase the price of a money market instrument computed using a discount yield?
I. bank discount rate
II. bond equivalent rate
III. annual percentage rate
IV. effective annual rate

• A)I and II only
• B)I and III only
• C)I and IV only
• D)II and III only
• E)II and IV only

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Definitions:

Automated

The use of technology or machinery to perform tasks without human intervention, often improving efficiency and accuracy.

Remote Sites

Locations or workplaces that are situated apart from the main operations or headquarters of an organization, often accessed via telecommunications.

Temporary Staffing

Employment arrangements where employees are hired for short-term assignments, often through a staffing agency.

Benefits Administration

The management and administration of employee benefits programs, such as health insurance, retirement plans, and leave policies.