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Strike441 [17]
3 years ago
13

A T-bill quote sheet has 120-day T-bill quotes with a 5.07 ask and a 5.01 bid. If the bill has a $10,000 face value, an investor

could sell this bill for _____.
a. $9,833.00
b. $9,835.29
c. $10,000
d. $9,831.00
Business
1 answer:
umka2103 [35]3 years ago
4 0

Answer:

a. $9,833.00

Explanation:

When selling or buying T-bills we need to consider

The bid price or price at which buyers are willing to purchase a T-bill

The ask price which is price at which sellers are willing to give T-bill, and

The face value which is the price of the T-bill at maturity

Sale price = Face value(1- {Ask price*Time}/360)

Sale price = 10,000(1-{0.0501*120}/360)

Sale price = 10,000* 0.9833

Sale price= $9,833

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A. start by stating your purpose and what you expect of the reader for writing more effectively for business purposes

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A corporation may really advance if its objective is well-defined and expressed. Purpose encourages innovation, improves brand trust and loyalty, helps determine long-term business strategy, and ultimately helps a firm endure the test of time. It also creates a larger competitive edge and differentiation in the marketplace.

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1 year ago
Quantitative Problem 2: Carlysle Corporation has perpetual preferred stock outstanding that pays a constant annual dividend of $
sergij07 [2.7K]

Answer:

$27.14

Explanation:

Calculation for the price of the firm's perpetual preferred stock

Using this formula

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Where,

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4 0
2 years ago
Mason Mills management works hard to ensure that nobody in its organization has more than one boss and all workers are treated w
anastassius [24]

Answer:

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Explanation:

Based on the information provided within the question it seems that the management of Mason Mills reflects the ideas and principles of Fayolism. This is a management theory developed by Henri Fayol, which states 14 principles explaining how management should communicate and lead their workers. Many of which state the importance of organization within the business in order for workers to know who to report to and keep everything running efficiently.

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3 0
3 years ago
When a US company purchases and imports wood from Brazil to use to build new houses, within the United States, this purchase inc
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To calculate aggregate demand, the same methods as for calculating GDP can be used, however, aggregate demand is associated with expenditure, so it is calculated by the product method, that is, from the point of view of what society has spent. This calculation takes into account the expenditure of families (private individuals), what has been spent on investment, the cost of public administrations, and finally, net exports, which is the difference between imports and exports In this way, the Aggregate Demand formula would look like this:

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