table from Bank of Canada website: T-Bill Yields Date Yield % 2018-11 1.91 2018-12 1.80 2019-01 1.73
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Question:
table from Bank of Canada website:
T-Bill Yields | |
Date | Yield % |
2018-11 | 1.91 |
2018-12 | 1.80 |
2019-01 | 1.73 |
2019-02 | 1.73 |
2019-03 | 1.66 |
2019-04 | 1.69 |
2019-05 | 1.71 |
2019-06 | 1.68 |
The above shows the average yield on 6-month Treasury bills. If an investor purchased $100,000 par value 6-month T-bills in November 2018 and again in June 2019, the investor would have paid ______ for the November 2018 T-bills and would have paid _____ for the June 2019 T-bills.
Question 1 options:
a | $100,000; $100,000 |
b | $99,167; $99,054 |
c | $99,054; $99,167 |
d | 99.167; 99.054 |
c | 99.054; 99.167 |
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