The price charles would be willing to pay for this t-bill


Charles is considering investing in Treasury bills. He requires a 2.7 percent annualized return on a six-month Treasury bill that has a par value of $10,000. The price Charles would be willing to pay for this T-bill is how much (rounded to the nearest dollar)?

Solution Preview :

Prepared by a verified Expert
Finance Basics: The price charles would be willing to pay for this t-bill
Reference No:- TGS02933317

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)