Multiple Choice
Assume you bought a one-year Treasury bill in June, 2010 for $9,789 that can be redeemed for $10,000 in June, 2011. What is the yield on this purchase?
A) $211.00
B) 2.11%
C) 2.16%
D) $46.39
Correct Answer:
Verified
Correct Answer:
Verified
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