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Treasury bill has a face value of $1,000,000, an asked yield of 5.06 percent, nd matures in 91 days. What is the price of this
Treasury bill has a face value of $1,000,000, an asked yield of 5.06 percent, nd matures in 91 days. What is the price of this bill? ME Rates for 4/11/2020 DATE BANK DISCOUNT 4/6/23 4/7/23 4/10/23 4.39 4.09 4/11/23 4/12/23 4,04 3.98 4/13/23 4/14/23 4.18 4.44 4.43 4 WEEKS COUPON EQUIVALENT 4.53 4.52 4.48 4.17 4.12 4.06 4.26 BLANK DES COUNT 4.69 4.73 4.69 4.68 4.68 4.79 4.79 8 WEEKS COUPON EQUIVALENT 4.8 4.84 4.8 4.79 4.79 4.91 4.91 BANK DISCOUNT 4.77 4.81 4.94 4.89 4,87 4.95 4.98 13 WEEKS COUPON EQUIVALENT 4.91 4.95 5.09 5.03 5.01 5.1 5.06 EDMUN BLANK DISCOUNT 4.83 4.92 4.93 4.91 4.95 4.94 5.01 26 WEEKS COUPON EQUIVALENT 4.99 5.08 5.1 5.07 5.12 5.11 5.18 ELANK DISCOUNT 4.74 4.75 4.78 4.79 4.78 4.75 4.83 52 WEEKS COUPON EQUIVALENT 4.94 4.95 4.98 4.99 4.98 4,95 5.03
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