Question: I need the answer in a brief way , please help me fast. I only have 20 minutes. Question 3: A T-bill is issued for
I need the answer in a brief way , please help me fast. I only have 20 minutes.
Question 3: A T-bill is issued for $370. The T-bill matures in 40 days and has a face value of $390. What is the T-bill's Discount Yield and bond equivalent yield? (2+2 Marks)
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