If a treasury note with 180-day maturity and 1 million face, Financial Management

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If a treasury note with 180-day maturity and 1 million face

If a treasury note with 180-day maturity and $1 million face value is currently at $899,000. What is the yield on a bank discount basis?

Please show work and explanation.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Financial Management: If a treasury note with 180-day maturity and 1 million face

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Financial Management: If a treasury note with 180-day maturity and 1 million face

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