|Author||Topic: T-Bill and CD Question|
I was wondering if there is way to calculate Bank Discount yiled, HPY, EAY and MM yield on the BII PLUS calculator or do we have to memorize all these formulas?
|Most likely you will need to memorize them.|
|Simplest way to remember them is to understand what exactly each one is about.
I don't know the formula for Holding period yield, but if you give me the period the instrument has been held for then I'll discount it accordingly.