Question 13 (1 point) Which of the following statements is true? The main attraction of government treasury bills is that they consistently pay higher returns than inter-bank deposits. Most business transacted in the inter-bank markets is very short dated, mainly overnight. Prices in the US commercial paper market and the eurocommercial paper market are calculated in the same way. There is no difference for an investor between a time deposit with a bank and a certificate of deposit with the same maturity date issued by the same bank. Previous Pare Next Page Pape 13 of 30 Question 14 (1 point) A new issue 92 day US treasury bill is offered at a rate of 2.250%. If an investor wanted to purchase USD1,000,000 face value of these bills how much would they pay today? O USD994,250.00 USD994,327.87. USD994,328.77. USD1,000,000.00. Page 14 of 30 Previous Page Next Page