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Basic Question 2 of 10
T-bills are often quoted on ______.
B. an add-on rate basis
C. a current yield basis
A. a discount rate basis
B. an add-on rate basis
C. a current yield basis
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
calculate and interpret yield measures for money market instruments
CFA® 2025 Level I Curriculum, Volume 4, Module 8.