Multiple Choice
On March 2,a Treasury bill expiring on April 20 had a bid discount of 5.86,and an ask discount of 5.80.What is the best estimate of the risk-free rate as given in the text?
A) 5.86 %
B) 5.83 %
C) 6.11 %
D) 6.14 %
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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