Question
Question 5 (1 point) A bank accepted bill (BAB) has a face value of $1,000,000 and will be mature in 165 days. If this BAB
Question 5 (1 point)
A bank accepted bill (BAB) has a face value of $1,000,000 and will be mature in 165 days. If this BAB is currently trading at $957,000, how much is its implied yield?
where
957000 = (1 + i x 165/365)
What is i here?
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The Technology Procurement Handbook A Practical Guide To Digital Buying
Authors: Sergii Dovgalenko
1st Edition
1789662125, 978-1789662122
