问题如下:
An investor buys a Treasury bill maturing in one month for $987. On the maturity date the investor collects $1,000. Calculate effective annual rate (EAR).
选项:
A. 17.0%
B. 15.8%
C. 13.0%
D. 11.6%
解释:
ANSWER: A
The EAR is defined by . So EAR = . Here, T = 1/12. So, EAR =
老师,我没明白,我这样算错在了哪里?