A Treasury Bill with a Par Value of $100,000 Due

question 1

Multiple Choice

A Treasury bill with a par value of $100,000 due two months from now is selling today for $98,039 with an effective annual yield of

• A) 12.40%.
• B) 12.55%.
• C) 12.62%.
• D) 12.68%.
• E) None of the options are correct.

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Definitions:

Servant Leader

A leadership philosophy focused on serving others, prioritizing the needs of the team or community over individual desires.

Commitment

The state or quality of being dedicated to a cause, activity, or goal.

Authentic Leaders

Leaders who are self-aware, genuine, and transparent, inspiring trust by being true to themselves and their values.

Trusting Relationships

involve interactions characterized by confidence, reliance, and belief in the integrity, character, and ability of another person or entity.