A Treasury Bill with a Par Value of $100,000 Due

question 12

Multiple Choice

A Treasury bill with a par value of $100,000 due three months from now is selling today for $97,087 with an effective annual yield of

• A)12.40%.
• B)12.55%.
• C)12.62%.
• D)12.68%.

---

Definitions:

Dual-Sex Principle

The concept that both male and female elements or principles are essential and complementary in the natural world and human cultures.

Sexual Division of Labor

The allocation of different tasks between males and females in a society, often based on societal norms, biological differences, or cultural practices.

Autocratic Rule

A form of government in which a single individual possesses unchecked political power and authority over state affairs.