Finance

posted by .

Which security offers a higher effective annual yield?

a) a three month bill selling at $9764
b) a six month bill selling at $ 9539

And calculate the bank discount yield on each bill.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Fiance

    Why a Tresaury bill's bond equivalent yield is always different from the discount yield?
  2. fin

    Which of the following statements is CORRECT?
  3. college math

    Last month Bill's electric bill was $80.77. this month Bill's bill was $69.06. What is the percent decrease?
  4. college math

    last month bill's electric bill was $80.77. This month , bill bill was $69.06. what is the%degrease
  5. Simple Interest Applications

    An investor purchased a 91-day, $100,000 T-bill on its issue date for $99,326.85. After holding it for 42 days, she sold the T-bill for a yield of 2.72%. a)What was the original yield of the T-bill?
  6. Mathematics

    A T-bill with face value of $10,000 and 96 days to maturity is selling at a bank discount ask yield of 4.3%. A. What is the price of the bill?
  7. math

    Last month, Bill's electric bill was $80.77. This month, Bill's bill was $69.06. What is the percent decrease?
  8. FINANCE

    A ninety day bank bill with 90 days to maturity has a price of $99427.95. What is the effective annual yield implied by this price and maturity?
  9. math

    Suppose that the 6-month US Treasury bill rate is equal to 5% and the forward rate on a 6-month Treasury bill 6 months from now is 7.24%. (both in yearly terms). What is the rate of a 1-year bill?
  10. math

    Last month, Bill's electric bill was $80.77. This month, Bill's bill was $69.06. What is the percent decrease?

More Similar Questions