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You would like to purchase a T-bill that has a $15,000 face value and is 69 days from maturity. The current price of the T-bill

You would like to purchase a T-bill that has a $15,000 face value and is 69 days from maturity. The current price of the T-bill is $14,875. Calculate the discount yield on this T-bill. (Use 360 days in a year. Do not round intermediate calculations. Round your answer to 2 decimal places.(e.g., 32.16)) 1.) Discount yield % (Round to 2 decimal places)

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