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You purchase a six-month (182-day) T-bill with a $10,000 par value for $9,800. The Treasury bill discount is ____ percent. 3.96 4.09 6.20 3.56 none
You purchase a six-month (182-day) T-bill with a $10,000 par value for $9,800. The Treasury bill discount is ____ percent.
| 3.96 | ||
| 4.09 | ||
| 6.20 | ||
| 3.56 | ||
| none of the above |
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Monetary Policy Strategy
Authors: Frederic S. Mishkin
1st Edition
0262513374, 978-0262513371
