Assume you bought a one-year Treasury bill in June, 2010 for $9,789 that can be redeemed for $10,000 in June, 2011. What is the yield on this purchase?
A)$211.00
B)2.11%
C)2.16%
D)$46.39

Question

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The Answer of Assume you bought a one-year Treasury bill in June, 2010 for $9,789 that can be redeemed for $10,000 in June, 2011. What is the yield on this purchase?
A)$211.00
B)2.11%
C)2.16%
D)$46.39

Assume You Bought a One-Year Treasury Bill in June, 2010