Q1. A Treasury bill with a face value of $1,000,000 and 45 days until maturity is selling for $987,000. The Treasury bill’s bank discount yield is closest to: A) 10.54%. B) 10.40%. C) 7.90%.
Q2. What is the effective annual yield for a Treasury bill priced at $98,853 with a face value of $100,000 and 90 days remaining until maturity? A) 4.79%. B) 1.16%. C) 4.64%.
Q3. A T-bill with a face value of $100,000 and 140 days until maturity is selling for $98,000. What is the effective annual yield (EAY)? A) 2.04%. B) 5.14%. C) 5.41%.
Q4. A T-bill with a face value of $100,000 and 140 days until maturity is selling for $98,000. What is the money market yield? A) 5.25%. B) 5.41%. C) 2.04%.
Q5. A T-bill with a face value of $100,000 and 140 days until maturity is selling for $98,000. What is its holding period yield? A) 5.25%. B) 2.04%. C) 5.14%. | 
发表于 2008-12-30 17:12
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