(YTM, continuous) You have been offered a U.S. Treasury bill. The bill has face value of $10,000...

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(YTM, continuous) You have been offered a U.S. Treasury bill. The bill has face value of $10,000 and a price of $9,756. It matures in 210 days. Compute:

a. The daily interest rate and the corresponding annualized interest rate.

b. The continuously compounded interest rate.

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Related Book For  book-img-for-question

Principles Of Finance Wtih Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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