Q. The price of a T-bill today is $97 and its maturity value is $100. The maturity is 6 months from now. (Solved)

1. The dollar return to the investor would be $1 if held to maturity

2. The investor cannot lose money, but its earnings are not known before the maturity date

3. The dollar return to the investor would be $3 if the T-bill is held to maturity

4. The investor can lose money on these T-bills if held to maturity