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9.Huawei, Inc. wants to issue new 6-months bill with zerc coupon for some much-needed short-term funding needs. Currently, the market yield for similar bill is
9.Huawei, Inc. wants to issue new 6-months bill with zerc coupon for some much-needed short-term funding needs. Currently, the market yield for similar bill is 6 percent, if the par value of the bill is $1000, how much will the bill sell for in the market?
A.$966.18
B.S970.87
C.$953.26
D.SI000
E.$1060
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