You Buy a T-Bill,which Has a Par Value of $10,000

question 85

Multiple Choice

You buy a T-bill,which has a par value of $10,000 for $9,600 and the T-bill has a one-year maturity.What will be your return?

• A)2)5%
• B)4)0%
• C)4)8%
• D)6)0%

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Definitions:

Kwakiutl Indians

The Kwakiutl Indians are a Native American tribe primarily located in the Pacific Northwest of Canada, known for their rich cultural traditions, totem poles, and potlatch ceremonies.

Nuclear Family

A family group consisting of parents and their children, without extended relatives.

Potlatch

A ceremonial feast among indigenous peoples of the Pacific Northwest with social, cultural, and economic functions, including the redistribution and reciprocity of wealth.

Modern-Day Equivalent

An updated or contemporary version that serves the same purpose or fulfills the same role as something from the past.