AFP Certified Treasury Professional CTP Question # 496 Topic 27 Discussion

AFP Certified Treasury Professional CTP Question # 496 Topic 27 Discussion

CTP Exam Topic 27 Question 496 Discussion:
Question #: 496
Topic #: 27

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:


A.

2.80%.


B.

5.56%.


C.

5.63%.


D.

49.18%.


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