A 275-day T-bill was purchased at a 0.6% discount and was sold at an 8.50% discount after a 30-day holding period. What is the yield?

Question

asked Mar 22, 2021 81.0k views

1 Answer

Gbvb · Answer 1 · 2021-03-28T22:53:47+0000

Answer:

The answer is "10.21".

Step-by-step explanation:

by applying the formula of yield the calculated value will be 10.21.