Conyers Bank Holds U

question 9

Multiple Choice

Conyers Bank holds U.S.Treasury bonds with a book value of $30 million.However,the U.S.Treasury bonds currently are worth $28,387,500.

If Treasury bond futures prices are currently 89-00/32^nds,what is the value of the Treasury bond futures hedge position?

• A)$30,000,000.
• B)$28,387,500.
• C)$26,700,000.
• D)$89,000,000.

---

Definitions:

Fundamental Attribution Error

The tendency to overestimate the effect of disposition or personality and underestimate the effect of the situation when explaining the behaviors of others.

White Americans

Individuals residing in the United States who identify as being of European, Middle Eastern, or North African descent.

Black Americans

A term referring to the African American population or individuals of Black African descent living in the United States.

Causal Attributions

The method through which people deduce the reasons behind their own and others' actions.