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20 January, 01:30

Suppose that you purchase a 91-day Treasury bill for $9,850 that is worth $10,000 when it matures. The security's annualized yield if held to maturity is about A) 4 percent.

B) 5 percent.

C) 6 percent.

D) 7 percent

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Answers (1)
  1. 20 January, 01:47
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    The answer is C) 6 percent.
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