Examlex
Which of these statements about the field is FALSE?
Market Rate of Return
The average return on investment that is typical for a particular market or industry.
T-bill
Short-term government securities issued at a discount from the face value and maturing at par, used to finance government debt.
Issue Date
The specific date on which a financial instrument is issued or becomes effective.
Simple Rate of Interest
Interest calculated only on the principal amount of a loan or deposit, without compounding.
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