1. A $10,000 T-bill with 182 days to maturity sold at auction for $9,753.16. What is the simple discount rate? A. 3.5% B

[answerhappygod]

1. A $10,000 T-bill with 182 days to maturity sold at auction
for $9,753.16. What is the simple discount rate?
A. 3.5% B. 4.8% C. 5.5% D. 5.8% 2. A $5,000
face value note has a term of 210 days. The simple discount rate
is 10%. The proceeds of the note will be
A. $291.66 B. $5291.66 C. $4,708.33 D. None of these
3. The maturity value of a 6-month discount notes if the
discount is $250 and the discount rate is 12.5% will be
A. $3,000 B. $4,000 C. $5,000 D. $6,000
4. What is the term of discounting for your friend who borrowed
SR 5,600 at 5% and received only SR 5,000?
A. 2.14 years B. 2.4 months C. 2.14 months D. 2.4 years