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?

Request for Solution File

Ask an Expert for Answer!!
Business Economics: A 90 day t-bill is selling for 9915 the par is 10000 what
Reference No:- TGS01358243

Expected delivery within 24 Hours