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 91 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
Great answer, keep it coming :)

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The FDA recognizes 118 routes of administration.

(a) Age of maturity of Atlantic cod decreased during the fishery collapse. (b) Evidence of maturatio (a) Age of maturity of Atlantic cod decreased during the fishery collapse. (b) Evidence of maturatio
Time Estimates for Specific Office Procedures Cont. Time Estimates for Specific Office Procedures Cont.
The official “Do Not Use” list as issued by The Joint Commission. The official “Do Not Use” list as issued by The Joint Commission.
Magnitude of Geologic Time Magnitude of Geologic Time
Disitive Time For Potatoes Disitive Time For Potatoes
Grand Funk Railroad - Bad Time Grand Funk Railroad - Bad Time
Video: Glycolysis - and oxygen

For a complete list of videos, visit our video library