A Treasury Bill costs $9,990 today and promises to pay $10,000 in 120 days. Find the discount

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A Treasury Bill costs $9,990 today and promises to pay $10,000 in 120 days. Find the discount yield. Enter your answer as a percentage and to 4 decimal places (e.g. write 4.25 if the answer is four and a quarter percent).

Posted Date: Jul 11, 2024 12:33 AM

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A Treasury Bill costs $9,990 today and promises to pay $10,000 in 120 days. Find the discount

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