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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

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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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
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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