FinCal (version 0.6.3)

bdy: Computing bank discount yield (BDY) for a T-bill

Description

Computing bank discount yield (BDY) for a T-bill

Usage

bdy(d, f, t)

Arguments

d

the dollar discount, which is equal to the difference between the face value of the bill and the purchase price

f

the face value (par value) of the bill

t

number of days remaining until maturity

See Also

bdy2mmy

Examples

bdy(d=1500,f=100000,t=120)