1. If you bought a t-bill at $9879 and held it for 180 days what would your return be?

Select one:

a. .011419%

b. None of the above

c. 1.14%

d. C).0056%

2. Western Jet requires a minimum of 1,000,000 litres of jet fuel each month to keep its fleet of Airbus 380A passenger jets running. If Western Jet Operations Manager enters into a future contract to buy 750,000 litres of jet fuel in 90 days he is engaging in ____________.

Select one:

a. Swaptions

b. Selling Short

c. Speculation

d. Headging