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    Essentials of Investments
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    Exam 5: Risk and Return: Past and Prologue
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    Suppose You Pay $9,800 for a $10,000 Par Treasury Bill
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Suppose You Pay $9,800 for a $10,000 Par Treasury Bill

Question 51

Question 51

Multiple Choice

Suppose you pay $9,800 for a $10,000 par Treasury bill maturing in two months.What is the annual percentage rate of return for this investment?


A) 2.04%
B) 12.00 %
C) 12.24%
D) 12.89%

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