Consider the following information on a Canadian T-bill; Days-to-Mat. Bid 47 2.41% Ask Yield 2.27% All...

 

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Consider the following information on a Canadian T-bill; Days-to-Mat. Bid 47 2.41% Ask Yield 2.27% All things equal, assume there exists a US T-Bill that can be purchased at the same price and same days to maturity as this Canadian T-bill. What would the reported ask on that US T-Bill be? (ignore currency exchange rates). Response to 4 decimals, as .0823, for example. Note that 8.230% will not be accepted. Consider the following information on a Canadian T-bill; Days-to-Mat. Bid 47 2.41% Ask Yield 2.27% All things equal, assume there exists a US T-Bill that can be purchased at the same price and same days to maturity as this Canadian T-bill. What would the reported ask on that US T-Bill be? (ignore currency exchange rates). Response to 4 decimals, as .0823, for example. Note that 8.230% will not be accepted.

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Answer The ask yield on the US Tbill would be the same as th... View the full answer