What Is the Interest on a Treasury Bill Called When

question 89

Multiple Choice

What is the interest on a Treasury bill called when it is determined by the size of the bill's discount from face value?

• A)assumed interest
• B)imputed interest
• C)imaginary interest
• D)convergent interest
• E)original-issue interest

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Definitions:

Purchase Accounting

An accounting method used in mergers and acquisitions to consolidate the financial statements of the buying and acquired companies.