At The beginning of November, the 3 month T-Bill futures for February 2020 was priced at 99. The Spot 3 Month T-Bill was also trading at 99 at the beginning of November . The 6 month T-bill futures for May 2020 was selling for 98.01 at the beginning of November . And Finally the 12 month spot T Bill was selling for 97 at the beginning of November . If you can go short or long term at any of these rates. Show how you can make a risk-free profit?

Answer rating: 100% (QA)

T bills are the most liquid asset with low risk When the price of t bills deacreases the ... View the full answer