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(2 points) Assume you have a budget [1] of $10,000 to invest on the money market and you have two options:. Purchase T-bills that sold
- (2 points) Assume you have a budget [1] of $10,000 to invest on the money market and you have two options:.
- Purchase T-bills that sold at a price of $97 on the secondary market and has a maturity of 182 days.
- Purchase CD from a bank that has a maturity of 6 months with an interest rate of 5%.
How would you invest your money and why? Remember to calculate rate of return.
[1] This is your maximum amount to invest, you could invest less than that but mention that on the answer.
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