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If a T-Bill has a price of 98.522, find its annual yield. Note: The T-Bill has 6 months to maturity. a. 3.0% b. 1.5% c.
If a T-Bill has a price of 98.522, find its annual yield. Note: The T-Bill has 6 months to maturity.
| a. | 3.0% | |
| b. | 1.5% | |
| c. | -1.5% | |
| d. | 0% | |
| e. | 6% |
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
2nd Edition
0073530638, 9780073530635
