Suppose that you purchase a 91-day Treasury bill for $9,850 that is worth $10,000 when it matures. The security's annualized yield if held to maturity is about
A) 4 percent.
B) 5 percent.
C) 6 percent.
D) 7 percent.
C
Business
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During the ________ stage of the industry life cycle, products become more familiar and product
information is more widely available. A) growth B) embryonic C) maturity D) decline
Business
Long-term financial plans typically encompass
A) 6 to 12 months. B) about 5 years. C) 5 to 10 years. D) the entire lifecycle of the corporation.
Business