The Bank Discount Rate (Ask) on a 91-Day T-Bill Is

question 51

Multiple Choice

The bank discount rate (ask) on a 91-day T-bill is 5.35%. What is the price of the $1000 T-bill?

• A) $976.40
• B) $986.48
• C) $981.20
• D) $989.45

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Definitions:

Developmental Opportunity

Initiatives or programs within an organization aimed at fostering employee growth, skill acquisition, and career progression.

Comparative Evaluation Methods

A collection of different methods that compare one person’s performance with that of co-workers.

Co-Workers' Performance

The work output and efficiency of employees in relation to their colleagues within the same organization or team.

External Consultants

Professionals hired from outside an organization to provide expert advice or services in specific areas.