A 90 day t-bill is selling for 9915 the par is 10000 what
A 90 day T-Bill is selling for $9,915. The par is $10,000.
a. What is the discount rate (discount yield) on this T-Bill?
b. What is the bond equivalent yield on this investment?
c. What is the effective annual rate on this investment?
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a 90 day t-bill is selling for 9915 the par is 10000a what is the discount rate discount yield on this t-billb what is
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