An 8% 13-Week Treasury Bill Would Have an Effective Interest

question 32

Multiple Choice

An 8% 13-week Treasury bill would have an effective interest rate of what (to the nearest hundredth percent) ? Assume it is a $10,000 Treasury bill.

• A)8.20%
• B)8.16%
• C)8.19%
• D)9.00%
• E)None of these

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The phenomenon where people increase their investment in a decision despite evidence suggesting it may be wrong.

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