A Treasury Bill Has a Face Value of $75,000,an Asked

question 66

Multiple Choice

A Treasury bill has a face value of $75,000,an asked yield of 3.05 percent,and matures in 90 days.What is the price of this bill?

• A) $74,440.17
• B) $74,477.60
• C) $74,519.80
• D) $74,568.00
• E) $74,578.42

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Definitions:

Scatter Diagram

A graphical representation used to visualize the relationship between two quantitative variables, showing how one variable affects the other.