To Calculate the Current Yield for a T-Bill

question 119

Multiple Choice

To calculate the current yield for a T-bill:

• A)divide the maturity value by the interest rate.
• B)multiply the maturity value by the interest rate.
• C)subtract the discount amount from the maturity value.
• D)divide the purchase price by the discount amount.
• E)divide the discount amount by the purchase price.

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