Question
A Treasury bill is selling at $991,000, has face value of $1,000,000 and 100 days to maturity. This Treasury bill should be quoted at ____________
A Treasury bill is selling at $991,000, has face value of $1,000,000 and 100 days to maturity. This Treasury bill should be quoted at ____________ on a bank discount basis.
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| A) | 0.9 percent |
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| B) | 3.285 percent |
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| C) | 3.24 percent |
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| D) | None of the above |
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Energy And Finance Sustainability In The Energy Industry
Authors: André Dorsman, Özgür Arslan-Ayaydin, Mehmet Baha Karan
1st Edition
3319322664, 978-3319322667
