Suppose a T-bill has 45 days to maturity and an ask discount of 5 percent. What is
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Suppose a T-bill has 45 days to maturity and an ask discount of 5 percent. What is the bond equivalent yield?
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Using the bond equivalent yield conversion formula we have The bond ...View the full answer
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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