Solved

A $100 000,90-Day Bill with a Yield of 6 $94328.10 \$ 94 \quad 328.10

Question 30

Multiple Choice

A $100 000,90-day bill with a yield of 6.5% is purchased now.Assuming the term structure is flat at 6.5% and does not change,in 30 days' time the price of the bill will be:


A) $94328.10 \$ 94 \quad 328.10
B) $98942.80 \$ 98 \quad 942.80
C) $98782.14 \$ 98 \quad 782.14
D) $99184.78 \$ 99 \quad 184.78

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents