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 73 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!

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

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?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Much time and effort occurs between the development of a research idea and the statistical analysis Much time and effort occurs between the development of a research idea and the statistical analysis
If you want to show differences between items at the same time, a bar graph is more effective than a If you want to show differences between items at the same time, a bar graph is more effective than a
Attention and memory are in demand during circle time. Attention and memory are in demand during circle time.
W-2 form issued to employees at the end of the year. W-2 form issued to employees at the end of the year.
Drug development time line. Drug development time line.
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 ...
Video: Blood Flow through the Human Heart

For a complete list of videos, visit our video library