Multiple Choice
Solve the problem.
-You purchase a 194-day, $1000 U.S. Treasury bill at 0.12% discount. On the date of maturity, you Will receive $1000. How much did you actually pay for the Treasury bill?
A) $1109.35
B) $1000.65
C) $949.35
D) $999.35
Correct Answer:
Verified
Correct Answer:
Verified
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