Strayer Univeristy Compute the Amount of Interest Finance Questions
Description
Question 1
Price a 90-day bank bill that has a face value of $100,000 and
- has a yield of 6.50%
- has a yield of 8.00%
- has a yield of 8.00% but 60-days to maturity
Question 2
A 90-day bank bill with a face value $100,000 was purchased with a yield of 4.00%. If it is sold after 30 days at a yield of 4.50%, what dollar amount of interest was earned?
Have a similar assignment? "Place an order for your assignment and have exceptional work written by our team of experts, guaranteeing you A results."
