This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following are issued with the shortest time to maturity? A) Treasury bills B) ... (Read 75 times)

dbose

  • Hero Member
  • *****
  • Posts: 597
on: Jul 10, 2018
Which of the following are issued with the shortest time to maturity?
 
  A) Treasury bills
  B) Treasury notes
  C) Treasury bonds
  D) Treasury stocks

Question 2

A U.S. Treasury bill is currently selling at a discount basis of 4.25. The par value of the bill is 100,000, and will mature in ninety days. What is the price of this Treasury bill?
 
  A) 95,750.00
  B) 98,937.50
  C) 98,952.05
  D) 99,952.78


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amy.lauersdorf90

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: B
Explanation: B) Price = face value  1 - (discount rate  )
= 100,000  1 - (.0425  90/360) = 98,937.50


dbose

  • Member
  • Posts: 597
Reply 2 on: Jul 10, 2018
Gracias!

ebonylittles

  • Member
  • Posts: 318
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Applying a time strip to the IV container. Applying a time strip to the IV container.
A greater number of men than women hold full-time jobs, but the gap is closing because of an ... A greater number of men than women hold full-time jobs, but the gap is closing because of an ...
Bereaved spouses studied before loss, at the time of loss, and 18 months after loss show five ... Bereaved spouses studied before loss, at the time of loss, and 18 months after loss show five ...
Earth scientists have devised a scheme to divide the planet’s natural history into distinct time ... Earth scientists have devised a scheme to divide the planet’s natural history into distinct time ...
Exterior View of Tholos, The So-called Treasury of Atreus Exterior View of Tholos, The So-called Treasury of Atreus
Time-of-entry mapping Time-of-entry mapping
Video: Bacteriophage (Virus) - Mice Experiment

For a complete list of videos, visit our video library