1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lady bird [3.3K]
4 years ago
8

A three-month (90 day) Treasury bill with a $10,000 face value is quoted at a discount of 0.60.

Business
1 answer:
zubka84 [21]4 years ago
5 0

Answer:

A) $9,940

B) 2.43 %

Explanation:

A Treasury bill is a government debt security which has maturity of less than one year. It is issued on short term basis. These debt securities do not pay regular interest payments to its investors, Treasury bills has no coupon interest. These bills are sold at a discount to their redemption price. So, a Treasury bill with a face value of $10,000 quoted at a discount of 0.6 will be sold for $9,940 (100-0.6)%.

Its yield is calculated in the following way

Annual Rate (yield) = 0.6/90 * 365

                                = 2.43 %

You might be interested in
A product ________ is a group of products linked through usage, customer profile, price points, and distribution channels.
S_A_V [24]

 A product <u>Line</u> is a group of products linked through usage, profile, price points, customer and distribution channels.

The correct fill in the blank to this question is product line.

A group of products linked through usage, customer profile, price points, and distribution channels is known as a<u> Product line</u>. The products are identical and focus on the same market . Their function or channel distribution might be similar. Possibly their physical attributes, prices, quality, or type of customers are the same. We call this sort of activity as product lining.

Product line is basically a group of related products all marketed under a single brand name that is sold by the same company. Companies sell multiple product lines under their various brand names, the basic purpose is to distinguish them from each other for better usability for consumers.

Product line pricing involves the separation of goods and services into cost price categories in order to create different perceived quality levels in the minds of consumers.

Product lines are usually part of a marketing strategy. Companies keep introducing more products to attract buyers. Specifically, they want to attract  those buyers who are already familiar with their brand.

You can learn more about product line at

brainly.com/question/14308690

#SPJ4

6 0
2 years ago
The _____, or potential exposures, possible in a medium is arrived at by multiplying the medium's total audience size by the num
ycow [4]

Answer:

a) gross impressions

Explanation:

First of all, impressions are the times an individual member of an audience is exposed to a certain advertisement.

Gross impressions refer to the total amount of times a group of individuals (or households) that are exposed to a certain advertisement during a given media schedule or program.

A single individual might be exposed several times to the same advertisement, therefore the number of gross impressions may exceed the total audience of the media.

Gross rating points measure the audience of a media while gross impressions measure the number of times the audience is exposed to a certain advertisement.

3 0
3 years ago
The Richmond Corporation uses the weighted-average method in its process costing system. The company has only a single processin
den301095 [7]

Answer:

$95,400

Explanation:

The computation of total cost of ending work in progress inventory is shown below:-

Material = 18,000 Units × 100% × $2.75

= $49,500

Labor = 18,000 Units × 60% × $4.25

= $45,900

The total cost assigned to the ending work in process inventory = Material + Labor

= $49,500 + $45,900

= $95,400

So, for computing the total cost assigned to the ending work in process inventory  we simply add material with labor.

5 0
3 years ago
Match each online banking security practice with the PCI security requirement that mandates it
Mama L [17]

Encrypting transfer of card data --> Credit card data protection

Installing a firewall --> Secure network

Installing antivirus software --> Vulnerability management program

Assigning unique IDs and usernames  --> Strong access controls

Hopefully this is right, and it helps (:

5 0
3 years ago
What are three ways employers pay employees
GarryVolchara [31]

Answer:

Three ways employers use to pay employees include salary, hourly wage and commission.

Explanation:

hope it helps you!

4 0
3 years ago
Read 2 more answers
Other questions:
  • Jim Sullivan is the owner and manager of Auto Spa. Auto Spa provides various car wash and car detailing services. Auto Spa also
    15·2 answers
  • Which type of investment is most likely to have the greatest long-term increase in value
    6·1 answer
  • A corporation officially states its purpose is "to engage in any lawful activity for which corporations may be organized under t
    11·1 answer
  • Caitlin wants to be a teacher when she graduates. She is very friendly toward others in her classes and contributes to class dis
    8·1 answer
  • What certificates do i need to be a commercial pilot?
    7·1 answer
  • Simpleton, Inc. budgeted a material cost of $10 per lb. They ended up purchasing 2,300 lbs at $16 per lb. and using 1,800 lbs fo
    6·1 answer
  • PLEASE HELP ME!!
    14·1 answer
  • Bonnie purchased a new business asset (five-year property) on March 10, 2019, at a cost of $30,000. She also purchased a new bus
    13·1 answer
  • A stock sells for $10 per share. You purchase 100 shares for $10 a share (i.e., for $1,000), and after a year the price rises to
    14·1 answer
  • A manager feels confident that earnings will increase in the next few months and therefore believes it will benefit himself, his
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!