Emma Is Evaluating a Treasury Bill

question 90

Multiple Choice

Emma is evaluating a Treasury Bill.It is a $1 million face value with a discount of 2.55% and maturing in 91 days.What is the dollar discount?

• A) $6,445.83
• B) $2,550.00
• C) $1,611.46
• D) $8,011.06

---

Definitions:

David Elkind

A psychologist known for his work on adolescent cognitive development and the concept of "adolescent egocentrism."

Ambitions

Desires or goals that an individual actively aims to achieve, often related to personal, educational, or professional success.

Attachment Styles

Patterns of attachment in interpersonal relationships indicating the nature of bonding between individuals, categorized into secure, avoidant, ambivalent, and disorganized types.

Cultures

The shared patterns of behaviors, beliefs, and values that are transmitted across generations within a community.