GFOA Exam CPFO Topic 9 Question 30 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 30
Topic #: 9

A275-day T-bill was purchased at a 0.6% discount and was sold at an 8.50% discount after a 30-day holding period. What is the yield?

A10.32

B10.21

C10.00

DNone of these

Show Suggested Answer

Suggested Answer: B

by Mirta at May 07, 2022, 05:43 AM

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