A U.S. Treasury bill with 90 days to maturity has a price of $95,000. What is its

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A U.S. Treasury bill with 90 days to maturity has a price of $95,000. What is its discount yield?

a. 5 percent

b. 10 percent

c. 15 percent

d. 20 percent.

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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Question Posted: Dec 30, 2023 01:51 AM

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A U.S. Treasury bill with 90 days to maturity has a price of $95,000. What is its

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The discount yield can be calculated using the formula Discount Yield Discount Face Value 360 100 Da...View the full answer

Fundamentals Of Investments Valuation And Management

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