Calculate the percentage return on a 1 year Treasury bill with a face value of $10,000 if you pay $9,800 to purchase it and receive its full face value at maturity ...

Calculate the percentage return on a 1-year Treasury bill with a face value of $10,000 if you

Question:

Calculate the percentage return on a 1-year Treasury bill with a of $10,000 if you pay $9,800 to purchase it and receive its full at maturity.
Face Value
Face value is a financial term used to describe the nominal or dollar value of a security, as stated by its issuer. For stocks, the face value is the original cost of the stock, as listed on the certificate. For bonds, it is the amount paid to the...