Question
Suppose that you purchase a 182-day Treasury bill for $9,750 that is worth $10,000 when it matures. What is the T-bills annualized yield (investment rate)
Suppose that you purchase a 182-day Treasury bill for $9,750 that is worth $10,000 when it matures.
What is the T-bills annualized yield (investment rate) if held to maturity?
(a)4.97%
(b)5.06%
(c)5.14%
(d)5.21%
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Real Estate Investment Strategies Structures Decisions
Authors: David Hartzell, Andrew E. Baum
2nd Edition
1119526094, 978-1119526094
