A $90,000 182-day Canadian T-Bill if its quoted yield is 10.48%. Find dP/di 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.
I found the answer DeltaP=was -81.06023. Using dp/di=-90000/(1+0.1048*182/365)^2*(182/365), then Delta P=dp/di * Delta i=dp/di * 0.002=-81.06.
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