Question
QUESTION 18 A money market security with a face value of $10,000 sells at a discount of $48. If the security matures in 30 days,
QUESTION 18
A money market security with a face value of $10,000 sells at a discount of $48. If the security matures in 30 days, what is the discount rate?
| a. | 5.95% | |
| b. | 2.75% | |
| c. | 5.76% | |
| d. | 4.80% |
1 points
QUESTION 19
Which of the following securities is most liquid and has the least default risk?
| a. | Treasury bill | |
| b. | commercial paper | |
| c. | 3-month CD | |
| d. | 1-month CD |
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Financing Large Projects Using Project Finance Techniques And Practices
Authors: Fouzul Khan, Robert Parra
1st Edition
9780131016347
