Calculate the percentage return on a​ 1-year Treasury bill with a face value of ​$10,000if you pay ​$9,138.01 to purchase it and receive its full face value at maturity.   The percentage return is ______​%. ​ (Round to two decimal​ places.)

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter2: The Domestic And International Financial Marketplace
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Calculate the percentage return on a​ 1-year Treasury bill with a face value of ​$10,000if you pay ​$9,138.01
to purchase it and receive its full face value at maturity.
 
The percentage return is ______​%. ​ (Round to two decimal​ places.)
 
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