Jim buys a 120-day bill with a face value of $1,000 000 at a yield of 0.88 % pa, when it is initially issued. What is his buying price? OA. $997,838 B. $998,802 C. $997,115 D. $998,383
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- QUESTION 3 A 180-day $500,000 banker's acceptance (BA) is currently trading at a discount of 3.75%. You purchase the BA today and sell it 90 days later when the three-month yield is 4.10%. What is your rate of return? Use 360-day to annualize. The following is true, except The price of the BA today is $490,625 The price of the BA 90 days from today is $494,875 Your rate of return is -3.46% Your rate of return is 3.46% QUESTION 4 The following Is true for standby letters of credit (SBLCs), except: The bank receives an annual fee for using a SBLC for the life of the bond issue The fee for SLBCs for municipal bonds depends on…QUESTION 3a) Atwei Lomo bought a 182 –Day Treasury Bill with a face value of GHS 80,000. Ten(10)to the maturity of the Treasury, she decided to sell it. Interest rate on the Treasury Bill iscurrently 14.1%. At what price will she sell it?b) 52 days ago, Abu Bonsra bought a 270-day Commercial Paper with a face value of GHS90,000. If he wants to sell it now and interest rate is currently at 24.5%, at what price willhe sell it?A 180-day $500,000 banker's acceptance (BA) is currently trading at a discount of 3.75%. You purchase the BA today and sell it 90 days later when the three-month yield is 4.10%. What is your rate of return? Use 360-day to annualize. The following is true, except A The price of the BA today is $490,625 B The price of the BA 90 days from today is $494,875 C Your rate of return is -3.46% D Your rate of return is 3.46%
- Treasury Bill :$10,000 face value: Days to maturity: 153 Bid yield: 0.038 Ask yield: 0.034 What is the price that you will have to pay if you were to buy one T-bill from a dealer?QUESTION THREE A 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: the discount yield. the investment yield.Simple Interest An investor purchased 250,000 USD in 364-day T-bills 315 days before maturity to yield 1.12%. The purchase price was 247,606.69 USD. He sold the T-bills 120 days later to yield 1.47%. What annualized rate of return did the investor realize on the investment? Also, can this be done with a financial calculator?
- which one is correct please confirm? Q9: "a 90 day USD T-bill with a face value of USD1,000,000 sold at a discount rate of 5.25%. What would be the true yield " 5.320% 5.46% 4.86% 3.25%4. Estrada V. Escritor sells on terms 3/10, net 30. Total sales for the year are ₱2,539,130. Forty percent of the customers pay on the tenth day and take discounts; the other 50% percent pay on 30th day average, and ten percent, on the average pay 40 days after their purchases. Assume a 365-day year, what is the average amount of receivables? (round to nearest peso amount).6. The price of a 270-day commercial paper is $7,937. If the annualized yield is 5.30%, what will the paper pay at maturity? A. $8,358 B. $7,640 C. $7,538 D. $8,246
- D6 AMXL price is at 16.20, AMXL is expected to pay a dividend of 16 cents in 30 days and pay a dividend of 16 cents in 60 days. The 30-day risk-free rate is 8% and the 60-day risk-free rate is 8.60%. Do the following operations.a) Calculate the price of the 45-day forwardQ8 Which cash flow would you rather pay, $530 today or $700 in four years if interest rates are 8 percent?multiple choice pay $530 today pay $700 in four yearsQuestion content area top Part 1 Calculate the percentage return on a 1-year Treasury bill with a face value of $10 comma 00010,000 if you pay $9 comma 764.359,764.35 to purchase it and receive its full face value at maturity.