Discount Yield = {(Par value - Current price)/ Par value} * (360/ 66)
Discount Yield = ((13500-13375)/13500)*(360/66)
Discount Yield = 5.05%
You would like to purchase a T-bill that has a $13,500 face value and is 66...
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...
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