Explain why the quoted yield on a bank discount basis for a U.S. Treasury bill is not

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Explain why the quoted yield on a bank discount basis for a U.S. Treasury bill is not directly comparable to a coupon Treasury’s yield?

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Introduction To Fixed Income Analytics

ISBN: 9780470572139

2nd Edition

Authors: Steven V. Mann, Frank J. Fabozzi

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Question Posted: Apr 29, 2024 04:00 AM

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Explain why the quoted yield on a bank discount basis for a U.S. Treasury bill is not

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Introduction To Fixed Income Analytics

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