5 You buy sterling commercial paper with 163 days left to maturity, face value GBP 10 million,...
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5 You buy sterling commercial paper with 163 days left to maturity, face value GBP 10 million, at a yield of 5.1%. You sell it one week later at a yield of 5.15%. What yield per annum have you made over the week?
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Foreign Exchange And Money Markets Theory Practice And Risk Management
ISBN: 9780750650250
1st Edition
Authors: Bob Steiner
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