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Suppose the annualized yield on a 91-day Treasury bill is 25%. If you invested $
Suppose the annualized yield on a 91-day Treasury bill is 25%. If you invested $
游客
2025-06-21
33
管理
问题
Suppose the annualized yield on a 91-day Treasury bill is 25%. If you invested $10 000 in this bill, how much would you have to pay for this security?______.
选项
A、$11250
B、$10 012.50
C、$9 998.75
D、$9 968.93
答案
D
解析
答案为D项。设该证券的售价为x,则以下方程成立:[(10 000一x)÷X]÷9l×365=25%。本题经过计算,x=$9 993,故选D项。
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