The yield on a treasury bill (D=1.19%). The number of days to maturity is 161. What...
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The yield on a treasury bill (D=1.19%). The number of days to maturity is 161. What is the asked price? 1.19%= ($10,000-P 360 -> P=$9946.8 P 161 Note that this price is the selling price from the dealers point of view; the price you would have to pay to buy a T-bill from a securities dealer. The yield on a treasury bill (D=1.19%). The number of days to maturity is 161. What is the asked price? 1.19%= ($10,000-P 360 -> P=$9946.8 P 161 Note that this price is the selling price from the dealers point of view; the price you would have to pay to buy a T-bill from a securities dealer.
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292437156
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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