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

Question 3

Multiple Choice

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

Correct Answer:

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