If You Buy a $10,000 Par Value,three-Month T-Bill Priced at $9,800,what

question 41

Multiple Choice

If you buy a $10,000 par value,three-month T-bill priced at $9,800,what will your return (not annualized) on investment be?

• A) 8.2%
• B) 6.5%
• C) 2.04%
• D) 4.08%