What is the duration of a 135- day $100,000 Treasury bill trading at a yield of 3.25%?

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What is the duration of a 135- day $100,000 Treasury bill trading at a yield of 3.25%? Express your answer in years correct to 2 decimal places

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Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

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Posted Date: Apr 28, 2023 03:48 AM

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What is the duration of a 135- day $100,000 Treasury bill trading at a yield of 3.25%?

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To calculate the duration of a Treasury bill we need to use the following formula Duratio... View the full answer

Financial Institutions Management A Risk Management Approach

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