You would like to purchase a Treasury bill that has a $13,500 face value and is 66 days from maturity. The current price

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answerhappygod
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You would like to purchase a Treasury bill that has a $13,500 face value and is 66 days from maturity. The current price

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You would like to purchase a Treasury bill that has a $13,500face value and is 66 days from maturity. The current price of theTreasury bill is $13,375. Calculate the discount yield on thisTreasury bill. (Use 360 days in a year. Do not roundintermediate calculations. Round your percentage answer to 2decimal places. (e.g., 32.16))
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