单选题 A T-bill with a face value of $100000 and 140 days until maturity is selling for $98000. What is the money market yield?

A、

A. 5.41%.
B、

B. 2.04%.
C、

C. 5.25%.

【正确答案】 C

【答案解析】The money market yield is equivalent to the holding period yield annualized based on a 360- day year=(2000/98000)×(360/140)=0.0525, or 5.25%.