(YTM, continuous vs. discrete) You have been offered a U.S. Treasury bill. The face value of the...

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(YTM, continuous vs. discrete) You have been offered a U.S. Treasury bill.

The face value of the bill is $10,000, and the price is $9,925. The bill matures in 6 months. Compute the YTM of the bill using both discrete and continuously compounded interest.

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Principles Of Finance Wtih Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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