menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Finance Study Set 9
  4. Exam
    Exam 6: Managing Your Money
  5. Question
    You Buy a T-Bill,which Has a Par Value of $10,000
Solved

You Buy a T-Bill,which Has a Par Value of $10,000

Question 85

Question 85

Multiple Choice

You buy a T-bill,which has a par value of $10,000 for $9,600 and the T-bill has a one-year maturity.What will be your return?


A) 2) 5%
B) 4) 0%
C) 4) 8%
D) 6) 0%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q9: CDs that have small denominations (such as

Q33: If you lose your checkbook,the bank will

Q65: To achieve both liquidity and an adequate

Q81: You have a choice between investing $10,000

Q83: Generally,savings account yields are _ than certificates

Q84: To achieve both liquidity and an adequate

Q87: Which of the following is not true

Q88: Maurice purchased a $10,000,90-day CD that pays

Q90: To calculate interest earned,multiply the deposit amount

Q94: Which of the following affords you access

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines