If You Buy a $10,000 Par Value T-Bill with a 180-Day

question 8

Multiple Choice

If you buy a $10,000 par value T-bill with a 180-day maturity date for $9,750,what will be your return?

• A)2)5%
• B)3)06%
• C)4)5%
• D)5)2%

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Definitions:

Milton Friedman

An American economist and Nobel laureate who was a leading proponent of free-market capitalism.

Archie Carroll

A scholar known for his work on corporate social responsibility and business ethics, particularly for his pyramid model that outlines the responsibilities of businesses.