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Today is 14th October 2021, Anne just bought a 270-day $100 000 bank bill for $98,300. She will sell this bank bill on 12 November
Today is 14th October 2021, Anne just bought a 270-day $100 000 bank bill for $98,300. She will sell this bank bill on 12 November 2021 at 2.25% p.a. (simple interest). a) What is the (simple interest) purchase yield for her purchase (expressed as a percentage and rounded to three decimal places)? a. 10.699% p.a. O b. 3.507% p.a. O c. 21.767% p.a. O d. 2.338% p.a. Today is 14th October 2021, Anne just bought a 270-day $100 000 bank bill for $98,300. She will sell this bank bill on 12 November 2021 at 2.25% p.a. (simple interest). b) What is her selling price (rounded to four decimal places)? a. 98362.8647 O b. 98536.1310 O c. 98716.0157 O d. 99821.5519 a Today is 14th October 2021, Anne just bought a 270-day $100 000 bank bill for 598,300. She will sell this bank bill on 12 November 2021 at 2.25% p.a. (simple interest). c) What was her holding period yield, expressed as a percentage and rounded to three decimal places? a. 0.8059 O b. 19.482% O c. 5.327% O d. 3.023%
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