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Author Question: You have a choice between investing $10,000 in a CD that in six months will pay you $10,190 or ... (Read 44 times)

littleanan

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You have a choice between investing $10,000 in a CD that in six months will pay you $10,190 or investing $9,800 in a T-bill that in 182 days will return $10,000. Ignoring any opportunity cost between the two investments, which will give you the higher annualized return and what will the annualized return be?


◦ T-bill; 2.2%
◦ T-bill; 4.09%
◦ CD; 3.8%
◦ CD; 1.9%


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Marked as best answer by littleanan on Apr 13, 2019

dawsa925

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littleanan

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Reply 2 on: Apr 13, 2019
YES! Correct, THANKS for helping me on my review


sailorcrescent

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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