Why is the T-bill's return independent of the state of the economy? Do T-bills promise a completely risk-free return? 

(2) Why are Alta Industries' returns expected to move with the economy whereas Repo Men's are expected to move counter to the economy?

Answer rating: 100% (QA)

1The 55 Tbill return does not depend on the state of the economy because the Treasury must and will ... View the full answer