Question: You can purchase a T-bill that is 95 days from maturity for $ 9,965. The T-bill has a face value of $ 10,000. a. Calculate

You can purchase a T-bill that is 95 days from maturity for $ 9,965. The T-bill has a face value of $ 10,000.
a. Calculate the T-bill’s quoted yield.
b. Calculate the T-bill’s bond equivalent yield.
c. Calculate the T-bill’s EAR.

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a The Tbills quoted yield is calculated as i T bill d 10000 9965 x 36... View full answer

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