ACI
3I0-012 · Question #81
A 3-month (91-day) US Treasury bill is quoted at a rate of discount of 4.25%. What is its true yield?
The correct answer is C. 4.30%. See the full explanation below for the reasoning.
Question
A 3-month (91-day) US Treasury bill is quoted at a rate of discount of 4.25%. What is its true yield?
Options
- A4.19%
- B4.25%
- C4.30%
- D4.31%
How the community answered
(38 responses)- A13% (5)
- B3% (1)
- C79% (30)
- D5% (2)
Community Discussion
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