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I need help with both questions. QUESTION 10 If T-bill has a par value of X amount of dollars, a 4 percent discount quote, and
I need help with both questions.
QUESTION 10 If T-bill has a par value of "X" amount of dollars, a 4 percent discount quote, and a 180-day maturity, what is the price of the T-bill to the nearest dollar? "X" amount of dollars. "X + 10,000" amount of dollars. "2X" amount of dollars. "1.4% of X" in dollar amounts. None of the above. QUESTION 11 Which of the following is not true? Each of the seven members of the Board of Governors of the Federal Reserve System serves a 14-year nonrenewable term. Each of the seven members of the Board of Governors of the Federal Reserve System is appointed by the Senate and confirmed by the president Seven members of the Board of Governors of the Federal Reserve System are included in the Federal Open Market Committee (FOMC). All of the aboveStep by Step Solution
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