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1. Practice computing the yield on a 6 month T-bill that was purchased for $9,800 held to maturity: 4.09% 2. Practice computing the price you'd
1. Practice computing the yield on a 6 month T-bill that was purchased for $9,800 held to maturity: 4.09% 2. Practice computing the price you'd pay for a one year T-bill to yield 5% held to maturity 3.Practice computing the price you'd pay for 10 days (until maturity) if you wanted a 3% yield 4. Would you buy #2 if the price was $9,510? Yes 5. Would you buy # 3 if the price was $9,990? Yes 1. Practice computing the yield on a 6 month T-bill that was purchased for $9,800 held to maturity: 4.09% 2. Practice computing the price you'd pay for a one year T-bill to yield 5% held to maturity 3.Practice computing the price you'd pay for 10 days (until maturity) if you wanted a 3% yield 4. Would you buy #2 if the price was $9,510? Yes 5. Would you buy # 3 if the price was $9,990? Yes
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