[CFA level 1模拟真题]Version 5 Questions－Q11 market, selling, security, class

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Q11. A U.S. Treasury Bill with a face value of $100,000 and 270 days until maturity is selling for $ 96,400. The money market yield on this security is closest to:

A. 4.80%

B. 4.87%

C. 4.98%

D. 5.05%

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答案详解如下：

Q11.   C   Study Session 2-6-d

Money market yield: ($3,600/$96,140)*360/270=0.04979, or 4.98%