The asked yield for a $10,000 face amount Treasury bill 36 days from maturity is quoted as 032%. What will you pay to buy the bill now? 9,999.60 O 9,998.50 O 9,999.10 O 9,999.68
The asked yield for a $10,000 face amount Treasury bill 36 days from maturity is quoted as 032%. What will you pay to buy the bill now? 9,999.60 O 9,998.50 O 9,999.10 O 9,999.68
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Question 33
The asked yield for a $10,000 face amount Treasury bill 36 days from maturity is quoted as 032%.
What will you pay to buy the bill now?
9,999.60
O 9,998.50
9,999.10
O 9,999.68
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