The Discount on a 91-Treasury Bill Is 5

question 38

Multiple Choice

The discount on a 91-Treasury bill is 5.65%. What is the annually compounded rate of return?

• A) 5.2%
• B) 5.9%
• C) 5.6%
• D) 5.5%

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Definitions:

Subsequent Punishment

is a behavior modification technique where a negative consequence follows an undesirable or unwanted behavior, intended to decrease its future occurrences.

Nervous System

The network of nerve cells and fibers that transmits nerve impulses between parts of the body, governing both voluntary actions and involuntary processes.

Infant

A very young child, especially one newly or recently born.

Maturation

The process of maturing or reaching full development, often referring to natural growth and development processes in organisms.