What is the bank discount yield on a $100,000 face value T-bill priced at $97,900, maturing...

Question

Question

What is the bank discount yield on a $100,000 face value T-bill priced at $97,900, maturing in 180 days

math Advanced-Math

Answer 1

Answer #1

we know the Bank discount Yield is given by, OBD - 360 () ( where, BD The amualizeel yield on a bank discount Basis, coorbons

Answer 2

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