Assume that a T-bill futures contract with a face value of $1 million is purchased at a price of $95.00 per $100 face value. At settlement, the price of T-bills is $95.50 . What is the difference between the selling and purchase price of the futures contract?

All of the following are benefits of direct marketing for buyers EXCEPT ________.

A) access to numerous products B) access to product reviews C) guaranteed low prices D) convenience E) privacy

Which of the following statements about Blue Cross and Blue Shield plans is (are) true?

I. Blue Cross and Blue Shield plans can be organized on a nonprofit basis or on a for-profit basis. II. Blue Cross provides coverage for hospital services; Blue Shield provides coverage for physicians' and surgeons' fees. A) I only B) II only C) both I and II D) neither I nor II