Q6. A T-bill with a face value of $100,000 and 140 days until maturity is selling for $98,000. What is the bank discount yield? A) 5.41%. B) 4.18%. C) 5.14%.
Q7. A Treasury bill (T-bill) with a face value of $10,000 and 219 days until maturity is selling for 97.375% of face value. Which of the following is closest to the holding period yield on the T-bill if held until maturity? A) 2.63%. B) 2.70%. C) 2.81%.
Q8. A Treasury bill (T-bill) with a face value of $10,000 and 44 days until maturity has a holding period yield of 1.1247%. Which of the following is closest to the effective annual yield on the T-bill? A) 12.47%. B) 8.76%. C) 9.72%.
Q9. A Treasury bill (T-bill) with 38 days until maturity has a bank discount yield of 3.82%. Which of the following is closest to the money market yield on the T-bill? A) 3.81%. B) 3.87%. C) 3.84%.
Q10. A Treasury bill has 40 days to maturity, a par value of $10,000, and was just purchased by an investor for $9,900. Its holding period yield is closest to: A) 9.00%. B) 1.00%. C) 1.01%. | 
发表于 2008-12-30 17:15
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