单选题 If the money market yield is 3. 792 percent on a T-bill with 79 days to maturity, what is the holding period yield?

A、

A. 0.77%.
B、

B. 0.83%.
C、

C. 0.89%.

【正确答案】 B

【答案解析】The holding period yield can be calculated from the money market yield as: (money market yield)/(360/t). Therefore, the HPY is 0.03792×79/360=0.0083=0.83%.