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a 90-day treasury bill with face value of $100,000 was just issued at a price of $99,000 based on the info, calculate the dollar discount,
a 90-day treasury bill with face value of $100,000 was just issued at a price of $99,000 based on the info, calculate the dollar discount, MMY,and BEY. Also determine the discount rate at which the T-bill was offered.
A 90-day Treasury bill with a face value of $100,000 was just issued at a price of $99,000 Based on this information, calculate the dollar discount, MMY, and BEY Also, determine the discount rate at which the T-bill was offered O Dollar Discount = $990.00 MMY 5.01% BEY=3.50% Discount Rate=2.4% O Dollar Discount = $9,000 00 MMY 400% BEY=490% Discount Rate 7% O Dollar Discount $1,100.00 MMY 408% BEY 4 10% Discount Rate 5% O Dollar Discount $1,000.00 MMY 4.04% BEY 4.10% Discount Rate 4% O None of the above a. dollar discount $990.00, MMY = 5.01%, discount rate = 2.4%
b. dollar discount $9,000, MMY= 4.06%, BEY = 4.09%, discount rate = 7%
c. dollar discount $1,100, MMY= 4.08%, BEY= 4.10%, discount rate = 5%
d. dollar discount $1,000, MMY = 4.04%, BEY= 4.10%, discount rate = 4%
e. none of the above
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