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According to the Bond Equivalent Yield BEY method, the yield on a $1,000, 13week US Treasury bill purchased for $960 would be closest to?

 

 

16.0 percent

 

16.7 percent

 

17.0 percent

 

17.8 percent

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Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/03/29
Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

>>>>>>>> The answer will be16.7 percent

 

Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

[($1,000 - $960) / $960] x [365 /91] =0.167

16.7%

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Agree with Mr. Emad answer <<<<<<<<<<<<

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

I agree with the Mr. Emad and the experts on

16.7 percent

Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

Agreed to All the Experts...................................

As Saleh
by As Saleh , Recruitment Manager , Saudi House Recruitment

i agree with Mr. Mir Mutaba 

I agree with the expert answer of option (B)

Thanks to invitation 

Agree with all answers

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