Commercial paper,Treasury bills,and banker's acceptance rates are all quoted as discount yields.

Name: Commercial paper,Treasury bills,and banker's acceptance rates are all quoted as discount yields.
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Discount yields are commonly used for short-term debt securities such as commercial paper, Treasury bills, and banker's acceptances. These rates are quoted as a percentage discount from the face value of the security and represent the investor's return.

Commercial Paper,Treasury Bills,and Banker's Acceptance Rates Are All Quoted as Discount