4. T-Bill Yields (LO1, CFA2) A U.S. Treasury bill with 90 days to maturity has a price...

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4. T-Bill Yields (LO1, CFA2) A U.S. Treasury bill with 90 days to maturity has a price of $95,000.

What is its discount yield?

a. 5 percent

b. 10 percent

c. 15 percent

d. 20 percent

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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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