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QUESTION 1 0.7407 points Save Answer A T-bill quote sheet has 90-day T-bill quotes with a 4.86% bank discount rate. If the bill has a

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QUESTION 1 0.7407 points Save Answer A T-bill quote sheet has 90-day T-bill quotes with a 4.86% bank discount rate. If the bill has a $10,000 face value, an investor could buy this bill for $10,000 59.877 $9,880.16 $9,878.50 QUESTION 2 0.7407 points Save Answer A benchmark index has three stocks priced at $23, S43, and $56. The number of outstanding shares for each is 350,000 shares, 405,000 shares, and 553,000 shares, respectively. If the market value weighted index was 970 yesterday and the prices changed to $23, $41, and $58 today, what is the new index value? 985 0975 0970 960 0.7407 points Save Answer QUESTION 3 According to the flow of Funds Accounts of the United States, the largest single asset of U.S. households is O real estate pension reserves O mutual fund shares corporate equity QUESTION 4 0.7407 points Save Answer Active trading in markets and competition among securities analysts helps ensure that: 1. Security prices approach informational efficiency. II. Riskier securities are priced to offer higher potential returns. III. Investors are unlikely to be able to consistently find under-or overvalued securities. I only O I, II, and III Oll and Ill only o I and II only

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