Suppose That You Purchase a 182-Day Treasury Bill for $9,850

question 1

Multiple Choice

Suppose that you purchase a 182-day Treasury bill for $9,850 that is worth $10,000 when it matures.The security's annualized yield if held to maturity is about

• A) 1.5%.
• B) 2%.
• C) 3%.
• D) 6%.

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