The single payment has two important characteristics that distinguishes it from other money market yields. They are that the

Multiple select question.

single payment yield calculates the periodic return $($Pf $-$ Po$)/$Po$.$

single payment yield assumes as $365-$day year.

single payment yield calculates the periodic return as $($Pf $-$ Po$)/$Pf$.$

single payment yield assumes a $360-$day year.