Suppose that you purchase a 182-day Treasury bill for $9,850 that is worth $10,000 when it matures.The security's annualized yield if held to maturity is about

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The annualized yield can be calculated using the formula: [(Face Value - Purchase Price) / Purchase Price] * (365 / Days to Maturity). Plugging in the numbers: [(10,000 - 9,850) / 9,850] * (365 / 182) = 0.01524 * 2 = 0.03048, or approximately 3%.

Suppose That You Purchase a 182-Day Treasury Bill for $9,850