How much would you pay for a us treasury bill with 106 days


How much would you pay for a U.S. Treasury bill with 106 days to maturity quoted at a discount yield of 2.30 percent? Assume a $1 million face value. (Enter your answer in dollars not in millions. Do not round intermediate calculations. Round your answer to 2 decimal places.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: How much would you pay for a us treasury bill with 106 days
Reference No:- TGS02417583

Expected delivery within 24 Hours