The Yield of a $50,000 45 Day Bill Is Currently $-60.97$

question 32

Multiple Choice

The yield of a $50,000 45 day bill is currently 5%.If over the next 15 days the yield changes to 6%,the change in price will have both a time component and a yield component.What is the size of the yield component expressed in dollars?

• A) \( -60.97 \)
• B) \( 49.01 \)
• C) \( 49.07 \)
• D) \( 101.96 \)

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Definitions:

Quick-fix Mentality

A mindset focused on seeking immediate solutions or responses to problems, often at the expense of long-term effectiveness.

Nonquantitative Studies

Research that focuses on exploring ideas or theories rather than numerical data or statistics.

Highly Controlled Laboratory Studies

Research experiments conducted in a strictly regulated environment to isolate variables and determine cause-and-effect relationships.

One Best Way

A management philosophy suggesting there is a single most effective method to perform a task or process.