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 94 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
YES! Correct, THANKS for helping me on my review

rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Tracking time of marker entry generates a chromosome map Tracking time of marker entry generates a chromosome map
Time Line of Human History From Upper Paleolithic Period to the Present Time Line of Human History From Upper Paleolithic Period to the Present
Remedies for insomnia include increased physical exercise and time spent outdoors. Remedies for insomnia include increased physical exercise and time spent outdoors.
Press into points along the neck with your thumb, one side at a time. Apply circular friction to ... Press into points along the neck with your thumb, one side at a time. Apply circular friction to ...
Insecticide application over time Insecticide application over time
Disitive Time For Potatoes Disitive Time For Potatoes
Video: Membrane Protein and Facilitated Transport (Passive Vs Active)

For a complete list of videos, visit our video library