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