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Could anyone help me with these 2 short questions? Thank you I appreciate your help. 1. What is the annualized discount rate % and your
Could anyone help me with these 2 short questions? Thank you I appreciate your help.
1. What is the annualized discount rate % and your annualized investment rate % on a Treasury bill that you purchase for $9,940 that will mature in 91 days for $10,000?
2. If you want to earn an discount rate of 3.5%, what is the most you can pay for a 91- day Treasury bill that pays $5,000 at maturity
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