What is the bank discount yield on a $100,000 face value T-bill priced at $97,900, maturing...
2. You paid $99,500 for a $100,000 T-bill maturing in 60 days. If you hold it until maturity, what is the T-bill yield? What is the T-bill discount?
7. On December 8, 2017, Cecilia buys a T-Bill with a face value of $35,000 maturing on February 14, 2018. She pays $34,174.13. (a) Find Cecilia's annualized yield rate. (b) Find the simple (annual) rate of discount on the T-Bill (c) On January 8, 2018, Cecilia will sell the T-Bill to Delila at a price that provides Delila with a simple (annual) discount rate of 14% i. How much will Delila pay to Cecilia? ii. Find Cecilia's annualized yield
A T-bill with face value $10,000 and 91 days to maturity is selling at a bank discount ask yield of 3.8%. a. What is the price of the bill? (Use 360 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places.) Price of the bill 9,906.17 b. What is its bond equivalent yield? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places.) Bond equivalent yield 3.80 %
A T-bill with face value $10,000 and 79 days to maturity is selling at a bank discount ask yield of 2.6%. a. What is the price of the bill? (Use 360 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Price of the $ 4,294.45 bill b. What is its bond equivalent yield? (Use 365 days a year. Do not round intermediate calculations. Round your answer to...
On Mon Sept 23 (for the usual T+1 settlement), a T-bill maturing Oct 24 is quoted at a price of 99.85% of face. What is the bank discount yield?
QR T-Bill = [(Face Value - Price)/(Face Value)] / [time in years based on 1 year = 360 days] Jenna decides to purchase a U.S. Treasury Bill for 95,000. The Treasury Bill matures in 180 days for 100,000. Let QR be the quoted rate on this U.S. Treasury Bill. Let j be the annual effective yield on this U.S. Treasury Bill assuming a 365 day year. Calculate j -QR. A. 0.25% B. 0.40% C. 0.65% D. 0.96% E. 1.23%
2. What is the discount yield on a $1 million T-bill that currently sells at 95 percent of its face value and is 90 days from maturity?
you would like to purchase a t bill that has a 10,500 face value and is due in 60 days from maturity. the current price of the t bill is 10,375. calculate the discount yield on this T-bill. You would like to purchase a T-bill that has a $10,500 face value and is 60 days from maturity. The current price of the T-bill is $10,375. Calculate the discount yield on this T-bill. (Use 360 days in a year. Do not...
30.)If a $10,000 face-value discount bond maturing in one year is selling for $5,753, what is the yield to maturity (in %)? Round your answer to at least 2 decimal places. 31.)If a $5,000 face-value discount bond maturing in 4 year is selling for $4,163, what is the yield to maturity (in %)? Round your answer to at least 2 decimal places.
Imagine there is a $100,000 T-bill that matures in 229 days. The T-bill has a discount yield of 3.629%. Ignoring fees or commissions, how much in dollars would I pay for this T-bill? (Answer in $ format xxxxx.xx, with no $ sign needed.)