(YTM, continuous) You have been offered a U.S. Treasury bill. The bill has face value of $10,000...
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(YTM, continuous) You have been offered a U.S. Treasury bill. The bill has face value of $10,000 and a price of $9,756. It matures in 210 days. Compute:
a. The daily interest rate and the corresponding annualized interest rate.
b. The continuously compounded interest rate.
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Related Book For
Principles Of Finance Wtih Excel
ISBN: 9780190296384
3rd Edition
Authors: Simon Benninga, Tal Mofkadi
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