Calculate the discount yield on this


You would like to purchase a T-bill that has a $12,000 face value and is 63 days from maturity. The current price of the T-bill is $11,875. Calculate the discount yield on this T-bill.

 

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Calculate the discount yield on this
Reference No:- TGS02310349

Expected delivery within 24 Hours