A Treasury Bill Matures in 120 Days and Has a Bond

question 46

Multiple Choice

A Treasury bill matures in 120 days and has a bond equivalent yield of 3.74 percent.What is the effective annual rate?

• A) 3.79 percent
• B) 3.82 percent
• C) 3.85 percent
• D) 3.88 percent
• E) 3.91 percent

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Definitions:

Bilingualism

The capacity to fluently communicate and comprehend two languages.

Dual Language Learning

The acquisition of two languages simultaneously, often starting from an early age, and leading to bilingualism.

Foreign-Speaking Children

Children whose primary language spoken at home or in their community is different from the dominant language of the country they reside in.

English-Speaking Classes

Educational sessions aimed at teaching students how to speak and understand the English language.