Suppose you pay $9,400 for a $10,000 par Treasury bill maturing in 6 months. What is the HPR, APR and EAR(effective annual rate of return) for this investment? 4 O 6.38%, 6.38% and 12.77% O 6.38%, 12,77% and 13.17% O 6.38%, 12.77% and 1.13% None of the above
Suppose you pay $9,400 for a $10,000 par Treasury bill maturing in 6 months. What is the HPR, APR and EAR(effective annual rate of return) for this investment? 4 O 6.38%, 6.38% and 12.77% O 6.38%, 12,77% and 13.17% O 6.38%, 12.77% and 1.13% None of the above
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
Problem 4P
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![Suppose you pay $9,400 for a $10,000 par Treasury bill maturing in 6 months. What is the
HPR, APR and EAR(effective annual rate of return) for this investment?
4
6.38%, 6.38% and 12.77%
O 6.38%, 12,77% and 13.17%
6.38%, 12.77% and 1.13%
O None of the above](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbf5794f5-4ba0-4b05-8f49-4a9a49391c4d%2F5c2c6ca2-3bc0-4847-9d0b-d654d2cd02cc%2Fn25q72_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Suppose you pay $9,400 for a $10,000 par Treasury bill maturing in 6 months. What is the
HPR, APR and EAR(effective annual rate of return) for this investment?
4
6.38%, 6.38% and 12.77%
O 6.38%, 12,77% and 13.17%
6.38%, 12.77% and 1.13%
O None of the above
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