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Find the following present values on October 31, 2020. a) Canadian T-bill maturing for $1.2 million in 273 days based on a yield rate of
Find the following present values on October 31, 2020.
a) Canadian T-bill maturing for $1.2 million in 273 days based on a yield rate of 1.25%
b) $10,000 due on March 31, 2025 at a force of interest of 5%
c) $3,600 due on April 30, 2022 at a nominal rare of discount of 6%, compounded 6 times a year.
d) Payments on $10,000 made every November 1 from 2020 to 2025 at 6.5% interest.
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