A Treasury Bill with a face value of $100,000 that matures in 48 days is currently selling for $99,801.81. What is the yield-to-maturity on this bill?
Options:
1.52 percent
2.55 percent
2.15 percent
1.87 percent
2.95 percent
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.