Solved

N Trest Bought a $10,000 Treasury Bill at a 2

Question 51

Multiple Choice

N. Trest bought a $10,000 Treasury bill at a 2.38% discount for 13 weeks (91 days) . How much does N pay for the bond?

A) $10,000
B) $9,940.66
C) $6,640.66
D) $9,770.08

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