A 3-month (91-day) US Treasury bill is quoted at a rate of discount of 4.25%. What is its true yield?
A) 4.19%
B) 4.25%
C) 4.30%
D) 4.31%

Name: A 3-month (91-day) US Treasury bill is quoted at a rate of discount of 4.25%. What is its true yield? A) 4.19% B) 4.25% C) 4.30% D) 4.31%
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The Answer of A 3-month (91-day) US Treasury bill is quoted at a rate of discount of 4.25%. What is its true yield?
A) 4.19%
B) 4.25%
C) 4.30%
D) 4.31%

A 3-Month (91-Day) US Treasury Bill Is Quoted at a Rate