What Is the Annualized Yield of a 200 Days T-Bill

question 29

Multiple Choice

What is the annualized yield of a 200 days T-Bill with a purchase price of $940.00?

• A)20.0%
• B)17.15%
• C)9.40%
• D)6.38%
• E)11.90%

---

Definitions:

U.S. Senate

One of the two chambers of the United States Congress, responsible for making and passing federal laws, where each state is represented by two senators.

Money Supply

The total quantity of money available in the economy at a specific time, including currency, coins, and balances held in checking and savings accounts.

Currency

A system of money in common use, especially in a nation, for facilitating the exchange of goods and services.

Excess Reserves

The capital reserves held by a bank or financial institution in excess of what is required by regulators, providing a cushion against potential financial instability or liquidity needs.