单选题 The face value of a $1000000 T-bill with 78 days to maturity is priced at $987845. What is the bank discount yield (annualized) quote for the T-bill?
  • A. 5.160%.
  • B. 5.750%.
  • C. 5.610%.
【正确答案】 C
【答案解析】rBD=D/F×(360/t); D=$1000000-$987845=$12155; F=$1000000; t=78 days
rBD=$12155/$1000000×(360/78)=0.0561.