Question
The U.S. Treasury Bill will pay to the holder the amount of $10,000 at the end of six months. Which of the following is closest
The U.S. Treasury Bill will pay to the holder the amount of $10,000 at the end of six months. Which of the following is closest to todays price of the Treasury Bill if the interest rate is 6%?
| a. | $ 9,759 | |
| b. | $ 9,853 | |
| c. | $ 9,713 | |
| d. | $ 9,806 | |
| e. | $ 9,677 |
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
12th edition
978-0324597714, 324597711, 324597703, 978-8131518571, 8131518574, 978-0324597707
