Posted by: Pdfprep
Post Date: February 16, 2021
A portfolio manager is considering buying Rs. 1,00,000 worth of Treasury bills for Rs. 96,211 versus Rs. 100,000 worth of commercial paper for Rs. 95,897. Both securities will mature in nine months.
How much additional return will the commercial paper generate over the Treasury bills?
A . 0.45%
B . 0.27%
C . 0.35%
D . 0.21%
Answer: A
Leave a Reply