Question: Show your work to get points. The assignment is to be turned in class. Question 1 A) Find the bond equivalent yield of a 90-day
Show your work to get points. The assignment is to be turned in class.
Question 1
A) Find the bond equivalent yield of a 90-day Treasury bill whose face value is $10,000 and purchased for $9,100.
B) What would be the discount yield % and the annualized bond equivalent yield % on the purchase of a 182-day Treasury bill for $4,925 that pays $5,000 at maturity?
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