The Yield of a $50 000 45-Day Bill Is Currently $0.0080$

question 15

Multiple Choice

The yield of a $50 000 45-day bill is currently 4%.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.In discrete percentage terms over the 15 days,calculate the amount by which the time component exceeds the yield component.

• A) \( 0.0080 \)
• B) \( 0.0012\)
• C) \( 0.0020 \)
• D) \( 0.0028 \)

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Definitions:

Psychographics

The analysis and grouping of individuals according to psychological characteristics like their desires and viewpoints, chiefly applied in marketing studies.

Consumption Community

A group of people who share the same interest in specific types of products or services and interact with each other around this shared interest.

Product Discussion Groups

Forums or gatherings where consumers share experiences, opinions, and information about specific products.

Online

Pertains to activities or services that are accessible over the Internet.