Question: Return on T bills Lauren purchased a 40 000 T
Return on T- bills. Lauren purchased a $ 40,000 T- bill for $ 38,400. A few months later, Lauren sold the T- bill for $ 39,000. What was Lauren’s return on the T- bill?
Relevant QuestionsBrenda purchased a $ 30,000, 90- day T- bill for $ 29,550. What will Brenda’s return be when the T- bill matures? What will her annualized rate be? Name and explain at least three tactics used by identity thieves to obtain information. What are the six major areas of information that may be included on your credit report? Discuss some ways that charging large amounts on your credit cards might affect your overall financial planning. What is a grace period? How can you use it to your advantage?
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