What is the yield to maturity on a Treasury bill that matures one year from now, has
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What is the yield to maturity on a Treasury bill that matures one year from now, has a price of $1,010, and has a face value of $1,000? If the consumer price index is expected to decline during the year from 250 to 245, what is the expected real interest rate on the Treasury bill?
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Money Banking And The Financial System International Edition
ISBN: 978-1292000183
2nd Edition
Authors: R. Glenn Hubbard ,Anthony P Obrien
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