Calculate T-Bill Rate of Return
Given the purchase price and days to maturity, the rate of return of a US Treasury Bill can be calculated.
Given the purchase price and days to maturity, the rate of return of a US Treasury Bill can be calculated.
Remember, T-bills are discount bonds. This means they sell below par value and
mature at par. The lower the price of the T-bill, the higher the annual rate of
return will be, and vice versa.
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