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The BEY of a 182 day,$100000 T-Bill, Sold at a 4.53% discount rate. The BEY? a. 4.01 b.4.64 c.4.70 d.5.20

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Finance

The BEY of a 182 day,$100000 T-Bill, Sold at a 4.53% discountrate. The BEY?

a. 4.01

b.4.64

c.4.70

d.5.20

Answer & Explanation Solved by verified expert
3.6 Ratings (426 Votes)
Solution Calculation of the Tbills discount yield The formula for calculation of discount yield of a TBill when the No of days in a year 360 Face value Purchase Price Face value 360 No of days to maturity As per the Information given in    See Answer
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Transcribed Image Text

The BEY of a 182 day,$100000 T-Bill, Sold at a 4.53% discountrate. The BEY?a. 4.01b.4.64c.4.70d.5.20

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