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Home Q & A Board Science-Related Homework Help Mathematics
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atomicyoyo atomicyoyo
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A year ago
A 128-day, $100,000 T-bill was initially issued at a price that would yield the buyer 1.19%. If the yield required by the market remains at 3.19%. If the t-bill was sold to earn 1.75% twenty days prior to maturity, how much money in interest did the initial owner earn?

▸ $318.98

▸ $318.87

▸ $317.87

▸ $319.78

▸ $320.90
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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nemisisnemisis
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A year ago
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atomicyoyo Author
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A year ago
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Helped a lot
Lawson1981
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2 hours ago
Thanks
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