Suppose That in June, When the 90-Day BBSW Is 5

question 48

Multiple Choice

Suppose that in June, when the 90-day BBSW is 5%, the prices for the September and December BAB futures contracts are 95.10 and 95.15, respectively.

• A)The 180-day rate will be 4.85%.
• B)The 90-day rate is expected to be 4.90% in September.
• C)The 180-day rate will be 4.95%.
• D)The futures market expects the RBA will cut the cash rate by 25 basis points in September.
• E)There would be a normal yield curve in the money market.

---

Definitions:

Absenteeism

The habitual non-presence of an employee at their job, often leading to disruptions in work and requiring management attention.

Poor Leadership

The lack of effective leadership skills and abilities that results in failing to guide or inspire teams towards achieving organizational goals.

Work-Life Conflict

The struggle that arises when the demands of one's job interfere with personal life, leading to stress and reduced well-being.

Visible Minorities

Individuals who are non-white in race or non-majority in ethnicity, making them distinguishable within a population.