The value of a bank-accepted bill with a face value of $100 000,180 days to maturity and a current yield of 4% p.a.is $98 066.

Name: The value of a bank-accepted bill with a face value of $100 000,180 days to maturity and a current yield of 4% p.a.is $98 066.
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According to equation 5.1,,the value of a bank-accepted bill with a face value of $100 000,180 days to maturity and a current yield of 4% p.a.is $98 066.

The Value of a Bank-Accepted Bill with a Face Value