Question: Checl 3 Problem 5-7 (LG 5-2) You can purchase a T-bill that is 70 days from maturity for $17.465 The T-bill has a face value
Checl 3 Problem 5-7 (LG 5-2) You can purchase a T-bill that is 70 days from maturity for $17.465 The T-bill has a face value of $17.500 10 DOIS 8 045222 o. Calculate the bill's quoted yield. (Ute 360 days in a year. Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g. 32.161)) b. Calculate the T-bill's bond equivalent yield. (Use 365 days in a year. Do not round Intermediate calculations, Round your answer to 3 decimal places, (e.g.. 32.161) c. Calculate the bill's EAR. (Uce 365 days in a year. Do not found intermediate calculations. Round your answer to 3 decimal places, (e... 32.161)) Paint Heren Tabir's quoted yield T-bil's bond equivalent yield Tbils EAR
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