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Can I get the answers in formula and could you please show me the way. (No excel) Question# 2 Suppose that you purchase d a
Can I get the answers in formula and could you please show me the way. (No excel)
Question# 2
Suppose that you purchase d a 2 2 - week T - bill at $99 90 (tthe face value is $11,000)) . Now the as ked bank discount rate on this T - bill is 0.0 6 and there are 36 days to maturity.. What is the price of the T - bill now ?
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