Which of the Following Best Expresses the Formula for Determining

question 112

Multiple Choice

Which of the following best expresses the formula for determining the price of a U.S.Treasury bill that matures n periods from now per $100 of face value when the interest rate is i?

• A)$100/(1 + i)n
• B)$100(1 + i)
• C)$100/(1 + i)
• D)1 + $100/(1 + i)n

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Ontario

A province of Canada, located in the eastern part of the country, known for its diverse landscapes, the national capital Ottawa, and the populous city of Toronto.