问题
单项选择题
A T-bill with a face value of $100000 and 140 days until maturity is selling for $98000. What is the money market yield()
A. 5.41%.
B. 2.04%.
C. 5.25%.
答案
参考答案:C
解析:
The money market yield is equivalent to the holding period yield annualized based on a 360- day year=(2000/98000)×(360/140)=0.0525, or 5.25%.