Multiple Choice
An investor buys a 180- day bank bill with face value of $100,000 for $98,000. The yield to maturity is:
A) 4.14%.
B) 8.28%.
C) 8.11%.
D) 4.06%.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q36: When stating interest rates, the market convention
Q37: If the per annum nominal interest rate
Q38: What is the 'coupon rate' of a
Q39: The rate of interest can be regarded
Q40: An annuity provides the same payment every
Q42: The_ reflects the notion that people prefer
Q43: A 10- year coupon bond with face
Q44: Financial markets are governed by many arbitrary
Q45: If market yields are 10% p.a. and
Q46: Given the face value and maturity of