When an investor purchases a 12-month t bill with the


When an investor purchases a 12-month T bill with the intention of selling it after a period of time, hes

a. riding the yield curve and selling on a secondary market

b. minimizing his return on a short term investment

c. ensuring that the sale is at maximum discount

d. maximizing his return on a long term investment

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Financial Management: When an investor purchases a 12-month t bill with the
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