Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. in october 2008, six-month treasury bills were iss

In October 2008, six-month Treasury bills were issued at a discount of 1.50%. What was...

80.2K

Verified Solution

Question

Finance

In October 2008, six-month Treasury bills were issued at a discount of 1.50%.

What was the annual yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.) Annual yield %

answer is NOT 3.022

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Which of the following best illustrates SELECTIVE ATTENTION for perception of inputs O Listening to...

Biology
Q

Tom s rectangular flower bed measures 121 cm long and 89 cm wide He wants...

Basic Math
Q

Solve for x by writing the equation in exponential form 10g 36 x log X...

Basic Math
Q

Select the correct answer.When two pumps are used, they can fill a tank in 60...

Basic Math
Q

In problems 29 32 use the information given in the diagrams to find angle A...

Calculus
Q

Portman Inc. uses the conventional retail inventory method. Expressed in millions of dollars,...

Accounting
Q

Note: Round "Cost per EUP" to 2 decimal places.Required Information ...

Accounting
Q

Into what category does the following balance sheet item fall: Salaries Payable Intangible Liability Intangible...

Accounting
Q

Castalia Inc. issued shares of its $3.00 par value common stock on September 4, 2019,...

Accounting
Q

buchent cack fowit Required: Propare thie setirg and adminutrative eapens booget for-Oococer

Accounting
Q

Question 1: Louis exchanges property having an $19,000 adjusted basis and a $37,000 fair market...

Accounting
Q

Altra Corporation provides the following information related to its merchandise inventory during the month of...

Accounting