Question

If the 175 days T-bill have the maturity of one year with the value of $8000 and face value is $10000 then reported discount yield is

a.

0.525

b.

0.4114

c.

0.4214

d.

0.4514

Answer: (b).0.4114

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Q. If the 175 days T-bill have the maturity of one year with the value of $8000 and face value is $10000 then reported discount yield is

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