单选题
The holding period yield for a T - Bill maturing in 110 days is I. 90 percent. What are the equivalent annual yield (EAY) and the money market yield (MMY)? EAY MMY ①A. 5.25% 5.59% ②B. 6.90% 6.80% ③C. 6.44% 6.22%
【正确答案】
C
【答案解析】The EAY takes the holding period yield and annualizes it based on a 365 - day year accounting for compounding.