If the Current Yield on 180-Day Treasury Notes Is 6

question 41

Multiple Choice

If the current yield on 180-day Treasury notes is 6.42% per annum,what price per $100 of face value would an investor pay to purchase them?

• A) $75.95
• B) $96.93
• C) $96.94
• D) $99.98

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Definitions:

Mortgage Lender

A financial institution or individual that provides loans to borrowers for the purpose of purchasing real estate, with the property serving as collateral.

Careless Finances

The mismanagement or negligent handling of personal or corporate finances.

Moral Hazard

The risk that one party to a contract can change their behavior to the detriment of another party once the contract has been concluded.

Monitoring Solution

A system or software implemented to oversee and analyze the performance, health, or behavior of networks, applications, or environments to ensure optimal operation.