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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. $98.78
B. $95.00
C. $101.23
D. $95.24
Answer: A
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. Stuck in active
B. Open Sent
C. Connect
D. 2WAY
E. Full
F. DROTHER
Answer: B,C

NEW QUESTION: 3

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

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