$1.00 (one dollar) invested in a portfolio of 90-day U.S. Treasury bil

$1.00 (one dollar) invested in a portfolio of 90-day U.S. Treasury bills in 1925 would have grown to a value IN EXCESS OF ________ by 2011 assuming that all cash flows had been reinvested in the portfolio.

(Choose the answer closest to the research provided dollar amount.)
A) $1.00
B) $10.00
C) $100.00
D) $1,000.00

ANSWER

B