What is the quoted yield of a $10,000 face value T-bill with a market price of $8,885
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What is the quoted yield of a $10,000 face value T-bill with a market price of $8,885 if there are 10, 25, 50, 100, and 250 days to maturity?
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Face Value Market Price $10,000 $8,885 10,000 8,885 10,000 8,885 10,000 8,885 10,000 8,885 Days to Maturity 10 25 50 100 250 11 The Answer Will Be 4.014% 1.606 0.803 0.401 0.161
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Jehal Shah
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So guys, I always try to explain any concept keeping these two points in my mind. So that you will never forget any more importantly get bored.
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Related Book For
Financial Markets And Institutions
ISBN: 9781264098729
8th Edition
Authors: Anthony Saunders, Marcia Cornett
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