A) You want to earn 15.8% p.a in order to satisfy your capital providers. If a 91 day T-Bill has a face value of R 1000. What is the price that you will pay for the T-Bill in order to satisfy your capital providers?  

 B) You have a 98 day NCD with a coupon of 4.52%, and a nominal value of R1000. What is the maturity value of the NCD? 

 C) There is a 91 day bankers' acceptance worth R 50000000. The discount rate is 9.95%. Historic returns for bankers' acceptances are 8.82%. If there is an acceptance commission of 1.5% what is the price of the bankers' acceptance?

 

 

Answer rating: 100% (QA)

A To calculate the price you will pay for the TBill we need to use the formula for the relationship ... View the full answer