T-Bill

T-Bill

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[iPhone God App] It was found using the T-Bill actually

Treasury Bill (T-Bill) application computes price and equivalent bond yield when discount rate is supplied for Treasury Bills. When price is supplied, yield is computed. Maturity time in days needs to be supplied.

Conventionally T-Bill face value is $100, maturity can not exceed 1 year, Year=360 days and month=30 days.

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