Marnie purchased a $1,000,52-week Treasury bill for $955.Assuming she holds it to maturity,her discount yield will be ____ percent.

Name: Marnie purchased a $1,000,52-week Treasury bill for $955.Assuming she holds it to maturity,her discount yield will be ____ percent.
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The discount yield is calculated as [(Face Value - Purchase Price) / Face Value] * (360 / days to maturity) * 100. Here, it's [(1000 - 955) / 1000] * (360 / 52) * 100 = 4.71%.

Marnie Purchased a $1,000,52-Week Treasury Bill for $955