题目
The per annum discount rate of a 180-day T-bill with a cash price of 98 is closest to:
选项
A.1%
B.2%
C.3%
D.4%
答案
D
解析
The discount rate, orquoted price, is calculated as: (360/n) × (100 - cash price). Given a 180-dayT-bill and a cash price of 98, the annual discount rate is: (360/180) × (100 -98) = 4%.折现率，即报价，为(360/n)×(100 -现金价格)。以180天短期国债为例，现金价格为98，年贴现率为(360/180)×(100 - 98)= 4%。