To Calculate the Current Yield for a T-Bill

question 119

Multiple Choice

To calculate the current yield for a T-bill:

• A)divide the maturity value by the interest rate.
• B)multiply the maturity value by the interest rate.
• C)subtract the discount amount from the maturity value.
• D)divide the purchase price by the discount amount.
• E)divide the discount amount by the purchase price.

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Definitions:

Long-Range Plans

Formulating strategies and goals for an extended time frame to guide an organization towards its vision.

Future

Pertains to the time or period that is to come after the present.

Strategic Plans

Long-term roadmaps designed by organizations to align their resources and actions with mission, vision, and strategic goals.

Organizational Pyramid

A hierarchical structure within an organization that illustrates the arrangement of its management and employees.