If a treasury note with 180-day maturity and 1 million face


If a treasury note with 180-day maturity and $1 million face value is currently at $899,000. What is the yield on a bank discount basis?

Please show work and explanation.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: If a treasury note with 180-day maturity and 1 million face
Reference No:- TGS02825917

Expected delivery within 24 Hours