Question: value 8.33 points You can purchase a T-bill that is 70 days from maturity for $17.465 The T-bill has a face value of $17.500 a.
value 8.33 points You can purchase a T-bill that is 70 days from maturity for $17.465 The T-bill has a face value of $17.500 a. Calculate the T-bill's quoted yield. (Use 360 days in a year. Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161) T-bill's quoted yield b. Calculate the T-bill's bond equivalent yield. (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161) T-bil's bond equivalent yield your answer to 3 decimal places. (e.g.. 32.161) c. Calculate the T-bill's EAR (Use 365 days in a year. Do not round intermediate calculations. Round
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