For the following instruments below, use the criteria for va…
For the following instruments below, use the criteria for valuing a financial instrument to choose the one with the highest value: a. A U.S. Treasury bill that pays $5,000 in six months or a U.S. Treasury bill that pays $5,000 in three months. The Treasury bill that pays in _________ because a payment that is received _______________ in the future is more valuable.
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