The yield to maturity on a $10,000 Treasury bill selling for $9,800 with 73 days to maturity is approximately
A) 2 percent.
B) 5 percent.
C) 10 percent.
D) 20 percent.
Answer: C
The yield to maturity on a $10,000 Treasury bill selling for $9,800 with 73 days to maturity is approximately
A) 2 percent.
B) 5 percent.
C) 10 percent.
D) 20 percent.
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