T-bill with a $10,000 par has 174 days until maturity. The T-bill has a bank discount bid

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T-bill with a $10,000 par has 174 days until maturity. The T-bill has a bank discount bid quote of 2.208% and ask quote of 2.198%. What is the return on the investment in this T-bill if the trader holds it until maturity?

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Basic Finance An Introduction to Financial Institutions Investments and Management

ISBN: 978-1111820633

10th edition

Authors: Herbert B. Mayo

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Posted Date: Apr 19, 2024 04:00 AM

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T-bill with a $10,000 par has 174 days until maturity. The T-bill has a bank discount bid

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To calculate the return on the investment in the Tbill we need to consider the bank discount yield T... View the full answer

Basic Finance An Introduction to Financial Institutions Investments and Management

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