Roxy Is Evaluating a Treasury Bill

question 34

Multiple Choice

Roxy is evaluating a Treasury Bill.It is a $1 million face value with a discount of 2.75% and maturing in 182 days.What is the money market yield?

• A) 2.789%
• B) 2.828%
• C) 2.750%
• D) 2.788%

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Definitions:

Transverse Foramen

Openings in the cervical vertebrae for the passage of the vertebral artery and vein, along with sympathetic nerve fibers.

Vertebral Foramen

The central canal in a vertebra through which the spinal cord passes.

Lamina

A part of the vertebral arch in the spinal column that forms the back portion of the spinal ring.

Costal Facet

The surface on a vertebra that articulates with a rib, involved in the movement and stability of the rib cage.