What is the compound yield on a 10000 three month 90 day, Financial Management

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What is the compound yield on a 10000 three month 90 day

What is the compound yield on a $10,000 three month (90 day) treasury bill that cost $9,843? Hint: HP financial calculator or Excel can help with this. This is a time value of money problem, solving for I/YR. Set 1 P/YR and set up N accordingly 6.63% 6.83% 6.53% 6.73%.

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Financial Management: What is the compound yield on a 10000 three month 90 day

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