A commercial bill with a face value of P500,000 has 45 days until maturity. If the relevant yield is 7% then what is the current price of this promissory note?
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Q: A commercial bill with a face value of P50 000 has a current price of P49291. This bill is trading…
A: A commercial bill with a face value of P50 000 has a current price of P49291. This bill is trading…
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A commercial bill with a face value of P500,000 has 45 days until maturity. If the relevant yield is 7% then what is the current price of this promissory note?
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- A promissory note from Aristotle Co. has $350,000 face value and 30 days until maturity. If the yield is 6%, what is the current price of the promissory note?A promissory note with a face value of P500 000 has 45 days until maturity. Ifthe relevant yield is 7% then what is the current price of this promissory noteA K100, 000 Treasury bill currently sells at 95% of its face value and is 65 days from maturity. Calculate the following for the Treasury bill:a. the discount yield.b. the investment yield.
- You can purchase a 1 million treasury bill that is currently selling on a discount basis at 97 1/2 % of its face value. The T-bill is 140 days from maturity. what is the Discount Yield rate?What is the price of a U.S. Treasury bill with 36 days to maturity quoted at a discount yield of 7.76 percent? Assume a $500,000 face value.Suppose investors can earn a return of 4.5% per 6 months on a Treasury note with 6 months remaining until maturity. The face value of the T-bill is $10,000. What price would you expect a 6-month-maturity Treasury bill to sell for?
- Suppose investors can earn a return of 1.9% per 6 months on a Treasury note with 6 months remaining until maturity. The face value of the T-bill is $10,000. What price would you expect a 6-month maturity Treasury bill to sell for? (Round your answer to 2 decimal places.)A 91-day Treasury Bill (T-Bill) with a face value of £72,000,000 is currently trading at a discount rate of -0.087% and has 70 days left until it matures. Questions Please calculate the current market price of the T-Bill and calculate its equivalent yield. Explain the difference between the discount rate and the equivalent yield. please calculate the market price of the T-Bill if there are only 30 days left to maturity instead, assuming there is no change in the equivalent yield. Explain the relationship between the market price and time to maturity. Please calculate the market price of the T-Bill with 30 days until maturity, if there is a 25 basis points hike in interest rates. Explain the relationship between market price and yield. thanks1) what is the discount yield on a 9-month T-bill sold for RM925, assuming there are 365 days in a year?
- What would be the money market yield earned at maturity of a six month bill issued at a discount rate of 10%.[Present Value] You purchase six-month UK Treasury bills on the secondary market with a quoted yield per annum of 0.75 per cent and maturity value of £10,000. The bills have 60 days to maturity. How much would you pay? Use the actual/360-day count convention.A commercial bill with a face value of $50 000 has a current price of $49,291. This bill is trading at a yield of 7.5% which necessarily implies a time to maturity of how many days? The correct answer here is 70 days, can you show me the complete solution through excel on how to get it? Thank you so much in advance.