The purchase price (or proceeds)of a Treasury bill would be the value of the Treasury bill plus the discount.

Question

Quizplus · Accepted Answer

The purchase price (or proceeds) of a Treasury bill would be the value of the Treasury bill minus the discount, not plus. This is because Treasury bills are sold at a discount to their face value, and the purchase price is the amount paid for the bill, which is less than the face value.

The Purchase Price (Or Proceeds)of a Treasury Bill Would Be