If December 2015 30-Day Interbank Futures Contracts Are Trading at 94.015

question 11

Multiple Choice

If December 2015 30-day interbank futures contracts are trading at 94.015, the total value of two contracts is:

• A)$14 758
• B)$14 500
• C)$29 758
• D)$29 506
• E)$29 515

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Definitions:

Hypothetical

Based on or serving as a hypothesis, a supposed but unproven premise or supposition used as the basis for further reasoning.

Disjunctive

A logical term referring to a choice between alternatives, often expressed in the format "A or B".

Syllogism

A form of logical reasoning where a conclusion is drawn from two given or assumed propositions (premises), each sharing a common or middle term not present in the conclusion.

Hypothetical Syllogism

A form of logical argument where two conditional statements lead to a conclusion, if P then Q; if Q then R; therefore, if P then R.