Question: Check my work 10 Problem 2-23 2. points A T-bill with face value $10,000 and 80 days to maturity is soling at a bank discount
Check my work 10 Problem 2-23 2. points A T-bill with face value $10,000 and 80 days to maturity is soling at a bank discount ask yield of 2.7% a. What is the price of the bul? (Use 360 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places.) Skipped Price of the bil Book Reference b. What is its bond equivalent yield? (Use 365 days a year. Do not round Intermediate calculations. Round your answer to 2 decimal places.) Bond equivalent yield
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