A) You buy a T-Bill on the 01/03/2010. It matures on 01/09/2010 and has a face value of R1000 with a discount rate of 6.5%. What is the price that you paid?

B) You have a Canadian 270 day money market instrument with a nominal value of CAD 1000000 and a discount rate of 5%. What is the discount to face value?

C) A small South African company issues zero-coupon commercial paper at the going YTM (yield) rate of 7.5% p.a. for 182-days, and a face value (FV) of R1m. Calculate the investment price?

D) You have a 98 day NCD with a coupon of 4.52%, and a nominal value of R1000. What will the NCD be trading at if there is 60 days left to maturity and the prevailing interest rate remains at 4.52%?