Suppose you pay $9,400 for a $10,000 par Treasury bill maturing in 6 months. What is HPR, APR and EAR(effective annual rate of return) for this investment? O 6.38%, 6.38% and 12.77% O 6.38% , 12,77% and 13.17% O 6.38%, 12.77% and 1.13%
Suppose you pay $9,400 for a $10,000 par Treasury bill maturing in 6 months. What is HPR, APR and EAR(effective annual rate of return) for this investment? O 6.38%, 6.38% and 12.77% O 6.38% , 12,77% and 13.17% O 6.38%, 12.77% and 1.13%
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
Problem 4P
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![Suppose you pay $9,400 for a $10,000 par Treasury bill maturing in 6 months. What is the
HPR, APR and EAR(effective annual rate of return) for this investment?
6.38%, 6.38% and 12.77%
6.38%, 12,77% and 13.17%
O 6.38%, 12.77% and 1.13%
O None of the above](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F95432e4a-9c70-438a-ae84-ae5e5c8de18e%2F4b847ad0-0854-458c-b956-997006cbe4ea%2Fttiv4jp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Suppose you pay $9,400 for a $10,000 par Treasury bill maturing in 6 months. What is the
HPR, APR and EAR(effective annual rate of return) for this investment?
6.38%, 6.38% and 12.77%
6.38%, 12,77% and 13.17%
O 6.38%, 12.77% and 1.13%
O None of the above
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