Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. as a percent of par, what is the price of a u.s. t

As a percent of par, what is the price of a U.S. Treasury bill with...

80.2K

Verified Solution

Question

Finance

As a percent of par, what is the price of a U.S. Treasury bill with 103 days to maturity quoted at a discount yield of 1.29 percent? Answer to four decimal places.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Which of these is NOT a true statement? (Why is the answer B?) a. All Lewis bases...

Chemistry
Q

The propeller shaft of a large ship has an outside diameter of 350 mm and inside...

Mechanical Engineering
Q

Suppose that $2000 is invested at a rate of 5.2%, compounded quarterly. Assuming that no...

Basic Math
Q

Find all ordered pair solution (s) to the system of nonlinear equations given by:y=-x-5y =...

Basic Math
Q

If is an angle in the first quadrant and sin 0 0 2 V find...

Calculus
Q

please fill out the table and journal entries and show work tu support your...

Accounting
Q

The stockholders' equity section of Pina Colada Corp.'s balance sheet at December 31 is presented...

Accounting
Q

Big City Seat Cushions Inc. makes seat cushions for outdoor furniture .Big Citys contribution margin...

Accounting
Q

BE22-1 Ortega Company manufactures computer hard drives. The market for hard drives is very competitive....

Accounting
Q

If you have a $1000 bond with a coupon of 6.7%, what formula would you...

Finance
Q

A 10-year, 9% coupon bond currently sells for $92. Another 10-year currently sells for $84...

Finance
Q

Over the last two decades there has been an increasing focus by businesses on sustainable...

Accounting