Emma Is Evaluating a Treasury Bill

question 53

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

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Definitions:

Leadership Styles

The various approaches and methods leaders use to motivate, guide, and manage teams and organizations.

Telephone

A communications device that allows two or more users to conduct a conversation when they are too far apart to be heard directly.

E-mail

A method of exchanging digital messages over the Internet between individuals or groups, providing a quick and efficient form of communication.

Criminal Penalties

Legal sanctions that may be imposed for committing a crime, which can include fines, imprisonment, or other forms of punishment.