question archive An investor purchased 220500QAR in 365-day T-bills 300 days before maturity to yield 3
An investor purchased 220500QAR in 365-day T-bills 300 days before maturity to yield 3
Subject:FinancePrice:2.86 Bought9
An investor purchased 220500QAR in 365-day T-bills 300 days before maturity to yield 3.25%. The investor sold the T-bill 145 days later to yield 3.55%.
How much did the investor sell the T-bill for?
Option 1
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2.86 USD
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