Your figures don't compute, pagetrip. With a 4.72% Investment Rate (T-bill equivalent of YTM), the discount would be $322, not $280.I have about 100,000 USD that was in my HYSA earning 4.25% APY. I used to get $350 per month in interest. ... I bought T-Bills that had YTM of 4.72% and with maturity date of 25 days in the future. With 4.72% YTM, I was able to get T-Bills for a discount of $280.
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Row Col A Col B Formual in Column B 2 Face value 100,000 3 Days in period 25 4 Days in year 365 5 Investment rate 4.720% 6 Price 99.678 =100/(1+B5*(B3/B4)) 7 Discount 322 =B2*(1-B6/100)285 = (100000 - 322) * (1.0425^(25/365) -1)
Statistics: Posted by #Cruncher — Sat Sep 28, 2024 9:04 pm
