A three-month treasury bill sold for a price of $99.311998 per $100 face value.The yield to maturity of this bond expressed as an EAR is closest to:
A)2.5%.
B)2.8%.
C)3.2%.
D)4.0%.

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The Answer of A three-month treasury bill sold for a price of $99.311998 per $100 face value.The yield to maturity of this bond expressed as an EAR is closest to:
A)2.5%.
B)2.8%.
C)3.2%.
D)4.0%.

A Three-Month Treasury Bill Sold for a Price of $99