Question
a private investor, purchases a six-month (182-day) T-bill with a $10,000 par value for 9,800. If she holds the treasury bill to maturity, her annualized
a private investor, purchases a six-month (182-day) T-bill with a $10,000 par value for 9,800. If she holds the treasury bill to maturity, her annualized yield is?
a) 1.50
b) 4.54
c) 3.96
d) 4.09
e) none of these choices are correct.
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
