Assume That the Current Yield for a 90-Day $100 000 $\$ 352.24$

question 39

Multiple Choice

Assume that the current yield for a 90-day $100 000 bill is 7.0%.This yield is expected to decrease to 6.15%.If an investor traded on this information,what would be the profit on this information trading?

• A) \( \$ 352.24 \)
• B) \( \$ 295.77 \)
• C) \( \$ 202.96 \)
• D) \( \$ 295.28 \)

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Definitions:

Industry

Refers to a particular form or branch of economic or commercial activity, often associated with the production of goods or services.

Monopoly

A market structure characterized by a single seller who has exclusive control over a product or service, limiting competition.

Merger

The process by which two or more companies join together to form a single new company, combining their assets, resources, and operations.

Customer Experience

The internal response that customers have to all aspects of an organization and its offering.