What is the discount, A newly issued T bill with a $10,000

What is the discount

Reference no: EM13275398

A newly issued T bill with a $10,000 par value sells for $9,950, and has a 90 day maturity. What is the discount? A) 10.26 percent B) 0.26 percent C) 20.00 percent D) 2.00 percent

Reference no: EM13275398

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What is the discount : A newly issued T bill with a $10,000 par value sells for $9,950, and has a 90 day maturity. What is the discount? A) 10.26 percent B) 0.26 percent C) 20.00 percent D) 2.00 percent

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