If the yield on Treasury bills falls from 5.27 percent to 5.22 percent, then the yield has
A) increased by 5 basis points.
B) increased by 0.5 basis point.
C) decreased by 0.5 basis point.
D) decreased by 5 basis points.
Answer: D
If the yield on Treasury bills falls from 5.27 percent to 5.22 percent, then the yield has
A) increased by 5 basis points.
B) increased by 0.5 basis point.
C) decreased by 0.5 basis point.
D) decreased by 5 basis points.
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