If you buy a nine-month T-bill future, you undertake to buy a three-month bill in nine months

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If you buy a nine-month T-bill future, you undertake to buy a three-month bill in nine months’ time. Suppose that Treasury bills and notes currently offer the following yields:

Months to Maturity Annual Yield 3 6%

6 6.5 9 7 12 8 What is the value of a nine-month bill future?

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Principles Of Corporate Finance

ISBN: 9780077398040

10th Edition

Authors: Richard Brealey

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Question Posted: Jul 31, 2024 05:00 AM

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If you buy a nine-month T-bill future, you undertake to buy a three-month bill in nine months

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Principles Of Corporate Finance

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