REVIEW FOR FINAL

Correct answer is D

Explain why this is and how it is determined in detail

You are presented with 4 distinct investment opportunities involving a Treasury Bill, a Treasury Bond, a Corporate Bond, and a Stock. You are told that each of these investments are expected to produce (after the cash is paid out then no other cash flows are anticipated) $100 one year from now. Which asset should be the least expensive today, in terms of dollars that you will have to pay for the asset? Treasury Bills Treasury Bonds Corporate Bonds Stocks