Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
What was the average annual rate of return on 3-month U.S. Treasury bills during the period 1990 to 2014? Select one: O a. 2.15% O b. 4.23% O c. 5.68% O d. 3.04%
![What was the average annual rate of return on 3-month U.S. Treasury bills during the period 1990
to 2014?
Select one:
O a. 2.15%
O b. 4.23%
O c. 5.68%
O d. 3.04%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F46924923-9b5d-45ba-84b0-ebcd9a2f5d66%2Fbbc8874b-d597-4973-915f-f77e5d5ad165%2Fzwnqb2_processed.jpeg&w=3840&q=75)
Transcribed Image Text:What was the average annual rate of return on 3-month U.S. Treasury bills during the period 1990
to 2014?
Select one:
O a. 2.15%
O b. 4.23%
O c. 5.68%
O d. 3.04%
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