Question: me and my friends will like if correct thanks!! Problem 9-8 Treasury Bill Prices (LO1, CFA1) A U.S. Treasury bill with 100 days to maturity
me and my friends will like if correct thanks!!
Problem 9-8 Treasury Bill Prices (LO1, CFA1) A U.S. Treasury bill with 100 days to maturity is quoted at a discount yield of 1.40 percent. Assume a $1 million face value. What is the bond equivalent yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.) ed Bond equivalent yield % OK ences
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