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Manuals/calci/TBILLPRICE (view source)
Revision as of 22:04, 28 February 2014
, 22:04, 28 February 2014no edit summary
If 'N' is number of days from 'Settlement' to 'Maturity', then TBILLPRICE is calculated as -
If 'N' is number of days from 'Settlement' to 'Maturity', then TBILLPRICE is calculated as -
<math>TBILLPRICE = 100 * (1 - \frac{(Discount * N))}{360}) </math>
<math>TBILLPRICE = 100 * (1 - \frac{(Discount * N)}{360}) </math>
== Examples ==
== Examples ==