A Treasury Bill with a Par Value of $100,000 Due

question 35

Multiple Choice

A Treasury bill with a par value of $100,000 due three months from now is selling today for $97,087, with an effective annual yield of

• A)12.40%.
• B)12.55%.
• C)12.62%.
• D)12.68%.
• E)None of the options

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Definitions:

Sensitivity Information

Data or details that require careful handling due to their potential impact on outcomes or decisions if disclosed.

Objective Function

A mathematical function representing goals of optimization, which is either maximized or minimized in decision-making processes.

Emergency Rooms

Hospital departments that provide immediate treatment to patients with acute illnesses or injuries, operating on a 24/7 basis.