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Searching to find the optimal investment, you see a bid quote for a treasury bill to be 3.2 and the ask to be 2

Price:
$14.99
SKU:
709140


Product Description

Searching to find the optimal investment, you see a bid quote for a treasury bill to be 3.2 and the ask to be 2.8. If this investment had a face value of $50,000, what would be your return if you purchased it?

 

A. 2.85%

 

B. 3.28%

 

C.4.05%

 

D.2.31%

 

E.3.92%


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