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One of the most common money market instruments are U.S. Treasury bills. Find the price of a $10,000 face value Treasury bill with 81 days
One of the most common money market instruments are U.S. Treasury bills. Find the price of a $10,000 face value Treasury bill with 81 days to maturity if it is quoted at a discount of 2.54 percent. Round off to two digits after the decimal point. (i.e. "x.xx")
Refer to Previous Question. What would be your yield to maturity if you bought this Treasury at this price and kept it until maturity? Round off to two digits after the decimal. (i.e. "x.xx")
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