A T-bill with face value Rs. 10,000 and 180 days to… – BBS Foundation of Financial Systems 2080 Solved

BBS Foundation of Financial Systems · 2080 · Solved Question with Answer

A T-bill with face value Rs. 10,000 and 180 days to maturity is selling at Rs. 9,700, what will be annual yield on T-bill?

Solution

A T-bill with face value Rs. 10,000 and 180 days to maturity is selling at Rs. 9,700, what will be annual yield on T-bill?