The yield on a discount basis of a 180-day $1,000 Treasury bill selling for $950 is
A. 10 percent.
B. 20 percent.
C. 25 percent.
D. 40 percent.
Answer:A
The yield on a discount basis of a 180-day $1,000 Treasury bill selling for $950 is
A. 10 percent.
 B. 20 percent.
 C. 25 percent.
 D. 40 percent.
