Treasury Bill - Discount Yield - Example 2
Channel: Jonathan Kalodimos, PhD
Date: 2017-03-01

Example:  Suppose that a T-bill has a face value of $100 and will be paid in 180 days.  What is the interest rate, quoted on a discount basis, if the price of the T-bill is $96?

This is a supplement to my finance courses at Oregon State University.