What is the annualized yield of a 200 days T-Bill with a purchase price of $940.00?
A)20.0%
B)17.15%
C)9.40%
D)6.38%
E)11.90%

Question

Quizplus · Accepted Answer

The annualized yield of a T-Bill is calculated using the following formula:Annualized Yield = (Face Value - Purchase Price) / (Purchase Price * (Days to Maturity / 360))In this case, the face value is $1,000, the purchase price is $940.00, and the days to maturity is 200.Plugging these values into the formula, we get:Annualized Yield = (1000 - 940) / (940 * (200 / 360)) = 0.0940 = 9.40%Therefore, the annualized yield of the T-Bill is 9.40%.

What Is the Annualized Yield of a 200 Days T-Bill