Jude purchased a $10,000 par Treasury bill at $9,625 and sold it 60 days later for $9,700. What was the EAR on the T-bil
Posted: Wed Jul 06, 2022 6:28 pm
Jude purchased a $10,000 par Treasury bill at $9,625 and sold it60 days later for $9,700.
What was the EAR on the T-bill?
A) 6.52 percent
B) 3.10 percent
C) 4.83 percent
D) 7.35 percent
What was the EAR on the T-bill?
A) 6.52 percent
B) 3.10 percent
C) 4.83 percent
D) 7.35 percent