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Thinking about bonds and Treasury bills, which one of the following statements is correct? a . A Treasury bill that repays 1 0 0 ,
Thinking about bonds and Treasury bills, which one of the following statements is correct?
a A Treasury bill that repays at the end of days is sold at a discount of The annual yield on this bill is to two decimal places
b If the discount at which a Treasury bill is sold increases, the bill's yield falls.
c Ignoring any gain or loss when the bond is sold or redeemed, the yield on a bond with a nominal value of a coupon of and a market price of is to two decimal places
d A central bank can increase the yield on bonds by using a policy of quantitative easing.
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