题目
题目
单项选择题

Question17 A company decides to fund its short-term cash needs by issuing a 180-day bank-accepted bill with a face value of $300,000. They approached three potential discounters - each quoting yields of 4.10%, 4.36% and 4.85% p.a. Which quote should the company accept and what amount would they raise? None of the options are correct 4.10%; $293,973.54 4.85%; $293,973.54 4.10%; $294,054.46 4.85%; $294,054.46 ResetMaximum marks: 1 Flag question undefined

选项
A.None of the options are correct
B.4.10%; $293,973.54
C.4.85%; $293,973.54
D.4.10%; $294,054.46
E.4.85%; $294,054.46
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思路分析
We start by restating the setup and the options to ensure clarity. A company issues a 180-day bank-accepted bill with face value 300,000 and is offered three discount yields: 4.10% p.a., 4.36% p.a., and 4.85% p.a. The question asks which quote to accept and how much the company would raise. Option A: None of the options are correct. This is a broad claim that we should evaluate after calculating the proceeds for each quote, so we treat it as unlikely until verification. Option B: 4.10%; $293,973.54. Here, the idea is that the amount raised equals the face value minus discounted interest using the 4.10% yield over 180 days. Option C: 4.85%; $293,973.54. This option claims a much higher yield (4.85%) but a proceeds equal to 293,973.54, which would imply a certain discount calculation that may or may not ......Login to view full explanation

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