A face value of $10,000 is assumed for these Treasury bills.
Maturity Days to Maturity Bank Discount
Mar 30 33 1.36
Apr 30 64 2.03
Jun 30 125 2.64
Aug 30 186 ?
What is the price for the March 30 Treasury bill?
Price of the Treasury Bill
=(1-bank discount yield*days till maturity/360)*face value
=(1-1.36%*33/360)*10000
=9987.533333
A face value of $10,000 is assumed for these Treasury bills. Maturity Days to Maturity Bank...
Use the information in the following table: A face value of $10,000 is assumed for these Treasury bills. What is the price for the March 30 Treasury bill? The price for the March 30 Treasury bill is (round to the nearest cent) Maturity Days to Maturity Bank Discount Mar 30 45 1.23 Apr 30 76 2.05 Jun 30 137 2.51 Aug 30 198
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