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NEW QUESTION: 1
What is the price of a treasury bill with $100 face maturing in 90 days and yielding 5%?
A. $95.24
B. $98.78
C. $95.00
D. $101.23
Answer: B
Explanation:
Explanation
The price of a treasury bill can be calculated as [Future value / (1 + yield x days-to-maturity/365)] =
100/(1+5%*90/365) = $98.78.

NEW QUESTION: 2

A. Full
B. 2WAY
C. Stuck in active
D. Connect
E. Open Sent
F. DROTHER
Answer: D,E

NEW QUESTION: 3

A. Option A
B. Option B
C. Option C
D. Option D
Answer: B

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