If an investor buys a T bill with a 90 day maturity and $50,000 par value for $48,500 and holds it to maturity, what is the annualized yield?
A) about 13.4 percent
B) about 12.5 percent
C) about 11.3 percent
D) about 11.6 percent
E) about 10.7 percent
Ans: B) about 12.5 percent
Business
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____ are those costs that an organization can easily measure in dollars.
a. Intangible costs b. Direct costs c. Tangible costs d. Indirect costs
Business
Roubov Inc. is a chain of American department stores that sells clothing, furniture, home appliances, and toys. It buys its goods in large quantities directly from a manufacturer. Based on this information, Roubov Inc.most likely makes use of a(n)_______
Fill in the blanks with correct word.
Business