What Is the Yield on a Discount Basis for a U.S

question 29

Multiple Choice

What is the yield on a discount basis for a U.S. Treasury bill that has a face value of $10,000, has a price of $9500, and will mature in 180 days?

• A)5.00%
• B)5.25%
• C)10.00%
• D)10.67%

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