Sandra waterman purchased a 52-week 3200 t-bill issued by


Sandra Waterman purchased a 52-week, $3,200 T-bill issued by the U.S. Treasury. The purchase price was $3,189. 

(a) What is the amount of the discount? 

Discount amount $

(b) What is the amount Ms. Waterman will receive when the T-bill matures? 

Amount received $

(c) What is the current yield for the 52-week T-bill? (Enter your answer as a percent rounded to 2 decimal places.) 

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Finance Basics: Sandra waterman purchased a 52-week 3200 t-bill issued by
Reference No:- TGS01405653

Now Priced at $10 (50% Discount)

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