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

---

Definitions:

Marketing Communication

The means by which a company seeks to inform, persuade, and remind consumers about its products or services.

Web Presence

The collective online visibility of an individual or organization, including websites, social media profiles, and any online content.

Confidential Company Information

Sensitive or proprietary data related to a company's operations, strategies, or finances, intended to remain private.

Compositional Mode

The manner or style in which visual, verbal, or musical elements are arranged and presented in a piece of work.