Fight Finance

Courses  Tags  Random  All  Recent  Scores

Scores
keithphw$5,721.61
Visitor$980.00
Gisele$936.78
aurora$629.43
Visitor$464.00
Visitor$460.00
Visitor$410.00
Visitor$400.00
Visitor$390.00
Visitor$310.00
Visitor$280.00
Visitor$250.00
Visitor$247.00
Visitor$220.00
Visitor$220.00
lukeh$199.09
Visitor$190.00
Visitor$190.00
Visitor$170.00
Visitor$160.00
 

Question 27  bill pricing, simple interest rate

A 180-day Bank Accepted Bill has a face value of $1,000,000. The interest rate is 8% pa and there are 365 days in the year. What will be its price?



Question 132  bill pricing, simple interest rate

A 90-day Bank Accepted Bill (BAB) has a face value of $1,000,000. The simple interest rate is 10% pa and there are 365 days in the year. What will be its price?



Question 147  bill pricing, simple interest rate, no explanation

A 30-day Bank Accepted Bill has a face value of $1,000,000. The interest rate is 8% pa and there are 365 days in the year. What will be its price?



Question 157  bill pricing, simple interest rate, no explanation

A 90-day Bank Accepted Bill has a face value of $1,000,000. The interest rate is 6% pa and there are 365 days in the year. What is its price?



Question 258  bill pricing, simple interest rate

A 60-day Bank Accepted Bill has a face value of $1,000,000. The interest rate is 8% pa and there are 365 days in the year. What will be its price?



Question 327  bill pricing, simple interest rate, no explanation

On 27/09/13, three month Swiss government bills traded at a yield of -0.2%, given as a simple annual yield. That is, interest rates were negative.

If the face value of one of these 90 day bills is CHF1,000,000 (CHF represents Swiss Francs, the Swiss currency), what is the price of one of these bills?




Copyright © 2014 Keith Woodward