问题如下:
A U.S. Treasury bill lasts 35 days and has a quoted price of 1.40. What is the cash price? What is the 35-day discount factor?
选项:
解释:
The cash price is
100 −1.40×35/360 = 99.8639
The discount factor for 35 days is 0.998639.
请问discount factor是怎么算的呀谢谢