At auction on January 11, 1999, 1 year US Treasury Bills were sold at a discount of 5.348%. What was the annual yield rounded to the nearest 0.001%

r = __________ %

Question

At auction on January 11, 1999, 1 year US Treasury Bills were sold at a discount of 5.348%. What was the annual yield rounded to the nearest 0.001% 
 
 r  = __________ %

Quizplus · Accepted Answer

The Answer of At auction on January 11, 1999, 1 year US Treasury Bills were sold at a discount of 5.348%. What was the annual yield rounded to the nearest 0.001% 
 
 r  = __________ %

At Auction on January 11, 1999, 1 Year US Treasury