Answer :
The rate of return is used as the risk-free rate on A. U.S. Treasury Bill.
The United States Department of the Treasury issues United States Treasury securities, often known as Treasuries or Treasurys, to support government spending as an alternative to taxation. The Bureau of the Fiscal Service, which replaced the Bureau of the Public Debt, has been in charge of managing U.S. government debt since 2012.
Treasury bills, Treasury notes, Treasury bonds, and Treasury Inflation Protected Securities are the four categories of marketable Treasury securities (TIPS).
Treasury notes (T-notes) are sold in $100 increments and have maturities of 2, 3, 5, 7, or 10 years. They also feature a coupon payment made every six months. T-note values are listed as a percentage of the par value in thirty-seconds of a dollar on the secondary market.
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