Look again at Problem 30. Suppose another month has passed, so the bill has only one month

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Look again at Problem 30. Suppose another month has passed, so the bill has only one month left to run. It is now selling at a discount of 3%. What is the yield? What was your realized return over the two months?

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Principles of Corporate Finance

ISBN: 978-0077404895

10th Edition

Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen

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Question Posted: Dec 31, 2012 09:54 AM

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Look again at Problem 30. Suppose another month has passed, so the bill has only one month

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Price of the onemonth bill is 100 112 3 9975 ...View the full answer

Principles of Corporate Finance

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