AFP CTP Question # 25 Topic 3 Discussion

CTP Exam Topic 3 Question 25 Discussion:

Question #: 25

Topic #: 3

T-bill discount rate = 5.85%
T-bill face value = $100,000
Initial term = 90 days
What is the bond equivalent yield on this T-bill?

5.87%

5.94%

5.95%

6.02%

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Actual exam question for AFP CTP exam by Onyx3169 at May 4, 2026, 4:27:01 AM

Chosen Answer: A B C D
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