A certificate of deposit priced at $85,500.With a $100,000 face value matures in 60days. What is its

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A certificate of deposit priced at $85,500.With a $100,000 face value matures in 60days. What is its yield as a simple annual rate? Assume 365 days per year.

Its promised simple annualised yield to maturity is?

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

Posted Date: Jul 13, 2023 03:14 AM

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A certificate of deposit priced at $85,500.With a $100,000 face value matures in 60days. What is its

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Personal Finance

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