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If the company will buy T-bill and how much is the annualize T-bill discount? If the company will buy the T-bill will be held until

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If the company will buy T-bill and how much is the annualize T-bill discount?

If the company will buy the T-bill will be held until maturity how much is the annualized yield?

Mr. Hakim, Finance Manager in Al Madinat Investment Company, attended the meeting of the Board of Directors which discussed the possible investment opportunities. The company started its operations with an issued capital of RO 950,000 OMR. The company is currently in the growth stage and showed sustained increase in its profitability. During the year, the company generated a total profit after tax of 350,000. The total retained earnings of the company as on date stands RO 800,000. At present, the following are few considerations which they can place their funds and the Board of Directors may investigate: The stock's price for Renaissance Company is increasing dramatically of 1.25% on an average, per day, Real estate business is doing good since there is high demand for housing project outside Muscat region and return is very promising The CBO has announced an upcoming issue of Government treasury bill for six (6) months with 700,000 OMR par value for 695,500 OMR The Municipality plans to issue investment bonds in the next month. Bank Muscat is offering good rate in deposits

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