The yield on a discount basis of a 90-day, 1,000, 000 Treasury bill selling for...
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The yield on a discount basis of a 90-day, 1,000, 000 Treasury bill selling for 950, 000 is?
2.A 90 days Certificate of Deposit for P500 000 at 6 per cent matures in 83 days. It is currently trading at P490 000. Rate of return of this CD current offering is?
3.A 3 month Treasury bill is issued at 98% of its par value. It will be redeemed at its par value (100 %) 90 days after issue. It is traded on an add-on basis. The yield of the security is?
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