You would like to purchase a Treasury bill that has a $13,500 face value and is 66 days from maturity. The current price
Posted: Sun Jul 03, 2022 12:56 pm
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))