A Treasury Bill Has a Face Value of $200,000, an Asked

question 97

Multiple Choice

A Treasury bill has a face value of $200,000, an asked yield of 2.12 percent, and matures in 28 days. What is the price of this bill?

• A) $199,397.19
• B) $199,408.08
• C) $199,531.76
• D) $199,670.22
• E) $199,717.08

Recognize the benefits of comparative advantage and the role it plays in international trade.

Describe the consequences of trade restrictions on consumer choice and market variety.

Understand the relationship between trade policies and consumer prices.

Analyze the effects of trade policies on government revenue.

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