Golden Banana Farm Ltd has borrowed $100 000 for 180 days. The 180-day bills were trading in the market at a yield of 4.25%. Calculate the amount that Golden Banana received A. $97847.17. B. $97814.28. C. $97947.14. D. $98948.14.
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Golden Banana Farm Ltd has borrowed $100 000 for 180 days. The 180-day bills were trading in the market at a yield of 4.25%. Calculate the amount that Golden Banana received
A. $97847.17. B. $97814.28. C. $97947.14. D. $98948.14.
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