Investor buys 90 day bank bill with face value $100 for $93.How do i calculate annual return & discount rate?
Tuesday, October 6th, 2009
In addition to the above how do i calculate holding period yield on the above bill, if i purchase it at a market yield of 15% per annum, i hold it for 45 days & sell it at a yield of 14% per annum???
These questions hav been confusin me for sometime….can anyone help???
By: Eg0 /-\A$ \_A/\/DeD
These questions hav been confusin me for sometime….can anyone help???
By: Eg0 /-\A$ \_A/\/DeD