If the discount rate on 3-month commercial paper is 4.9% while the yield on 3-month CDs is 5%, the real difference betweer them in basis points (in terms of yield) is: (You may need to look up how many basis points there are in a percentage point) Select one: Oa. 39 O b. 0.39 О с. 0.1 O d. 10 O e. 3.9
If the discount rate on 3-month commercial paper is 4.9% while the yield on 3-month CDs is 5%, the real difference betweer them in basis points (in terms of yield) is: (You may need to look up how many basis points there are in a percentage point) Select one: Oa. 39 O b. 0.39 О с. 0.1 O d. 10 O e. 3.9
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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
Transcribed Image Text:If the discount rate on 3-month commercial paper is 4.9% while the yield on 3-month CDs is 5%, the real difference between
them in basis points (in terms of yield) is:
(You may need to look up how many basis points there are in a percentage point)
Select one:
a.
39
O b. 0.39
O c. 0.1
O d. 10
O e. 3.9
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