The price P today of a $80,000 182-day Canadian T-Bill with quoted yield 8.93% is $76589.64.
A) Find dP/di , the derivative of the previous result from Problem #4 above, with respect to the quoted yield i. Use this derivative to approximate the change in the price of the T-Bill if the yield were to have decreased by 0.002 (i.e. 0.2%) immediately after the T-Bill was purchased.
For the T-Bill in question 4 above, what value does