A T-bill with face value Rs 10,000 and 180 days to maturity… – BBS Foundation of Financial Systems 2081 Solved

BBS Foundation of Financial Systems · 2081 · Solved Question with Answer

A T-bill with face value Rs 10,000 and 180 days to maturity is selling at Rs 9,750. Calculate annual yield on the T-bill.

Solution

A T-bill with face value Rs 10,000 and 180 days to maturity is selling at Rs 9,750. Calculate annual yield on the T-bill.