You pay 5993.40 for a 56 day T. bill it is worth 51,000 at maturity...
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You pay 5993.40 for a 56 day T. bill it is worth 51,000 at maturity What is is investment rate? (Enter 1.234 for 1.234%, tound to 3 decimal places) QUESTION 18 The Treasury auctioned $1.2 bililon par value .91-day T.bils, receiving the above bids. 5200m in noncompatitive bids were also submittec What price will the winning bidders pay? QUESTION 19 What is the total par value of the T-tilis purchased by bid 4 ? (in millions' enter 240 for $240m ) QUESTION 20 Stimulative monetary policy involves interest rates in order to reduce raising, inflation raising; unemployment lowering, inflation lowering, unemployment
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