AFP
CTP · Question #645
(Topic 7) The discount rate for a T-bill with a face value of $200,000, 182 days to maturity, and a selling price of $194,375 would be:
The correct answer is B. 5.56%. See the full explanation below for the reasoning.
Question
- (Topic 7)
The discount rate for a T-bill with a face value of $200,000, 182 days to maturity, and a selling price of $194,375 would be:
Options
- A2.80%.
- B5.56%.
- C5.63%.
- D49.18%.
How the community answered
(42 responses)- A10% (4)
- B83% (35)
- C2% (1)
- D5% (2)
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