Q11. A Treasury bill (T-bill) with a face value of $10,000 and 137 days until maturity is selling for 98.125% of face value. Which of the following is closest to the bank discount yield on the T-bill? A) 4.93%. B) 4.56%. C) 5.06%.
Q12. What is the yield on a discount basis for a Treasury bill priced at $97,965 with a face value of $100,000 that has 172 days to maturity? A) 2.04%. B) 3.95%. C) 4.26%.
Q13. A Treasury bill has 40 days to maturity, a par value of $10,000, and is currently selling for $9,900. Its effective annual yield is closest to: A) 1.00%. B) 9.60%. C) 9.00%. | 
发表于 2008-12-30 17:20
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