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What is the bank discount rate of a T-bill with 140 days to maturity, a par value of $10,000, and is currently trading at
What is the bank discount rate of a T-bill with 140 days to maturity, a par value of $10,000, and is currently trading at $9700? Enter your answer as a decimal, rounded to 4 decimal places.
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
