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In June, an investor finds out that in September she will receive $ 1 0 million to invest in three month maturity securities . In
In June, an investor finds out that in September she will receive $ million to invest in three month maturity securities In June, the day Treasury bill rate is per cent. What is the investor's profit loss if the day rate falls to per cent in September?A The investor loses $ because of the basis point decline in interest rates.B The investor gains $ because of the basis point decline in interest rates.C The investor gains $ because of the basis point decline in interest rates.D The investor loses $ because of the basis point decline in interest rates.
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