. Choose one (1) of the statements below, indicate whether the statement is true or false and support your answer with why.

a) If an asset is relatively riskless then you can calculate its return with precision because the return you expect is the return you will actually get.

b) The return on a treasury bill can be measured with precision.

c) If you buy a T-bill at issue with an expected return of 5%, you will almost certainly get an actual return of 5% if you hold on to it until maturity.

d) You can say that a T-bill has no risk because the actual return will be the same as your expected return. e) The T-bill is risk free because there is no risk the return you expect will not be the return you receive. f) When expected equal actual the return is said to be a riskless return