Question: The table below presents the quotations on a US Treasury bill with a face value of $10,000. Maturity Days to BID (%) ASKED (%)
The table below presents the quotations on a US Treasury bill with a face value of $10,000. Maturity Days to BID (%) ASKED (%) CHG (%) ASKED YIELD maturity (%) October 152 0.81 0.7 -0.02 12/2020 Expected annualized yield for a buyer is % (hint: use the asked discount rate). Answers must be entered with 2 decimal places and no dollar signs, e.g. 6 as 6.00; 32.346 as 32.35.
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