If a $10,000 T-Bill Is Purchased for $9,600 and Matures

question 62

Multiple Choice

If a $10,000 T-bill is purchased for $9,600 and matures in 270 days, what will be the annualized return? (Round to the nearest hundredth of a percent.)

• A) 4.01%
• B) 4.17%
• C) 5.63%
• D) 2.85

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Definitions:

Anaerobic

Relating to or involving muscular activity that does not require oxygen, typically short duration and high intensity.

Isokinetic

Referring to a type of muscular contraction or exercise where the muscle changes length at a consistent speed through the full range of motion.

Isotonic

Refers to a type of muscle contraction in which the muscle changes length while the tension remains constant, commonly associated with exercises like lifting weights.

Isometric

A type of exercise where the muscle length does not change during contraction, often used for strength training.