If an investor buys a $50,000 par value 90-day Treasury note for $48,500 and holds it to

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If an investor buys a $50,000 par value 90-day Treasury note for $48,500 and holds it to maturity, what is the annualized yield?

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Investments An Introduction

ISBN: 978-0324561388

9th Edition

Authors: Herbert B Mayo

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Posted Date: Apr 17, 2023 03:34 AM

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If an investor buys a $50,000 par value 90-day Treasury note for $48,500 and holds it to

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The annualized yield of a Treasury note can be calculated using the following formula Annualized y... View the full answer

Investments An Introduction

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