Solved

Suppose You Pay $9,800 for a $10,000 Par Treasury Bill

Question 14

Multiple Choice

Suppose you pay $9,800 for a $10,000 par Treasury bill maturing in two months.What is the annual percentage rate of return for this investment?


A) 2.04%
B) 12.00 %
C) 12.24%
D) 12.89%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents