A 182-Day, $250,000 Treasury Bill Originally Issued at 6

question 142

Multiple Choice

A 182-day, $250,000 Treasury Bill originally issued at 6.6% was sold at 5.9%, 82 days after it was issued. What was the selling price?

• A) $245,560
• B) $250,000
• C) $246,730
• D) $246,347
• E) $246,023

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Definitions:

Pregnancy State

A medical condition characterized by the development of a fetus inside the uterus, encompassing various stages from conception to birth.

Incidental

Occurring by chance or without intention, particularly in the context of finding something unrelated during examinations for other reasons.

First Trimester

The initial stage of pregnancy, encompassing roughly the first 12 weeks, critical for the development of the embryo/fetus.

Sperm Fertilizes

The process by which a sperm cell unites with an egg cell, resulting in the beginning of pregnancy.