Question: Face value is $100 Consider the following ask yields for T-bills that were quoted on 3/15/10, with settlement on 3/16/10. Fill in the third and

Face value is $100 Consider the following ask yields for T-bills thatFace value is $100

Consider the following ask yields for T-bills that were quoted on 3/15/10, with settlement on 3/16/10. Fill in the third and fourth columns. Note: the quoted ask yield is a discount yield in percentage points. Thus .043 percent is .00043. Since yields are so low in this period, carry around quite a few digits past the decimal point. Compute BEY based on the semi-annual compounded rate. Bond Equivalent Yield Price (per $100 in FV) Maturity date | Ask Yield 4/19/10 .0430 4/27/10 .0360 5/03/10 .0430 5/10/10 .0380 Consider the following ask yields for T-bills that were quoted on 3/15/10, with settlement on 3/16/10. Fill in the third and fourth columns. Note: the quoted ask yield is a discount yield in percentage points. Thus .043 percent is .00043. Since yields are so low in this period, carry around quite a few digits past the decimal point. Compute BEY based on the semi-annual compounded rate. Bond Equivalent Yield Price (per $100 in FV) Maturity date | Ask Yield 4/19/10 .0430 4/27/10 .0360 5/03/10 .0430 5/10/10 .0380

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