Assume That the Current Yield for a 90-Day $100 000 $\$ 280.78$

question 24

Multiple Choice

Assume that the current yield for a 90-day $100 000 bill is 6.5%.This yield is expected to decrease to 5%.If an investor traded on this information,what would be the profit on this information trading?

• A) \( \$ 280.78 \)
• B) \( \$ 325.26 \)
• C) \( \$ 359.60 \)
• D) \( \$ 412.07 \)