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A treasury bill currently sells for $9,030, has a face value of $10,000 and has 226 days to maturity. What is the bank discount rate

A treasury bill currently sells for $9,030, has a face value of $10,000 and has 226 days to maturity.

What is the bank discount rate on this security?

Type your answer as a percentage and not as decimal (i.e. 5.2 and not 0.052). Do not type the % symbol.

image text in transcribed
A treasury bill currently sells for $9,030, has a face value of $10,000 and has 226 days to maturity. What is the bank discount rate on this security? Type your answer as a percentage and not as decimal (i.e. 5.2 and not 0.052). Do not type the \% symbol

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