1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Darina [25.2K]
3 years ago
8

U.S. Treasury bills are available for purchase this week at the following prices (based upon $100 par value) and with the indica

ted maturity: $97.75, 182 days. (1) Calculate the bank discount rate (DR) on this bill if it is held to maturity. (2) What is the equivalent yield to maturity (sometimes called the bond-equivalent or coupon equivalent yield) on this Treasury bill
Business
1 answer:
Viktor [21]3 years ago
4 0

Answer and Explanation:

The computation is shown below:

Given that,

Price = $97.75

Time = 182 days

Face value = $100

Based on the above information  

1) bank discount rate is  

= (Face value - price) ÷ Face value × 365 / Time

= ($100 - $97.75) ÷ 100 × (365 / 182)

= 0.0225 × 2.005494

= 0.0451 (or) 4.51%

2) equivalent yield to maturity

= (Face value ÷ price)^365 ÷ Time - 1

= ($100 ÷ $97.75)^365 ÷ 182 -1

= 0.04669 (or) 4.66%

You might be interested in
Shear-it, Inc., produces paper shredders. Shear-it is considering a new shredder design for home offices. The marketing vice pre
irina [24]
I think the answer is A
Hope this helps:)!!!
6 0
3 years ago
When does the company go in loss​
Sedbober [7]
When they spend more than they are able to pay back! Hope this helped! BRANLIEST plz!
4 0
3 years ago
David runs a bed and breakfast in the outskirts of a big city. His employees are allowed to spend up to $200 to resolve any cust
defon

Answer:

Empowerment.

Explanation:

Empowerment: It an authority or power been given to an individual or group of people to perform certain tasks with complete determination. This power has been given so that tasks been performed diligently and smoothly.  

In corporate, individuals been empowered to hold responsibility for certain tasks and prove profitable for the organization.

Similarly, In the given case David has empowered his employee to resolve customer complaints by itself without getting escalated, however, he has limited the power by $200 to resolve any customer complaint.

7 0
3 years ago
Master scheduling is __________. a. a field in the master schedule record that indicates the number of units that are available
Karolina [17]

Answer:

D if this is anything related to business then there is always something that reviews everything and the most common term for it is Master scheduling.

Explanation:

5 0
3 years ago
A firm decides to provide support services for its products for which its customers will pay extra. These services are not offer
Sindrei [870]

B) Added value

Explanation:

Added value - It is an improvement to the product or service making it more worthwhile.

Competitive advantage makes the product or service more desirable than other competitors.

In this scenario, there is no competition of the services as yet, but definitely has an added value by improving the services.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Steve Corp bought a $600,000 apartment building in June of 2014. Of the purchase price, $104,950 is allocated to the value of th
    10·1 answer
  • A state trial court held that raynes inc. violated its contract with cranwell management. raynes appealed the decision to the st
    6·1 answer
  • The employees at Run Shoes Inc. work in groups that work together by collaborating their skills and cooperating with each other.
    13·1 answer
  • Line of customers waiting to pay. The first customer asks you for directions to the airport.
    9·2 answers
  • Which job in the Finance career would be best for someone who had knowledge of banking and credit systems and the ability to rep
    13·2 answers
  • Ducheyne Electric recently declared a 15 percent stock dividend. On the date of the stock dividend Ducheyne had 16 million share
    11·1 answer
  • A 10 percent increase in income leads to a 15% decrease in the quantity of macaroni and cheese demanded but no change in the pri
    9·1 answer
  • In order to avoid shortsightedness, today marketers are moving toward viewing communications as managing the ________.
    6·1 answer
  • A study was performed to examine personal goals of children in grades 4, 5, and 6. a random sample of students was selected in v
    13·1 answer
  • A good percentage to start with for saving is ________________ percent of your teaching income.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!