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2: The price of a T-bill with face value of $1000 and 120 days to maturity is 985. What is the T-bill rate/ T-bill yield?
2: The price of a T-bill with face value of $1000 and 120 days to maturity is 985. What is the T-bill rate/ T-bill yield? A (general obligation) muni bond pays 7% interest. A Treasury bond pays 6.5% interest. Which bond would you rather own if your marginal tax rate on interest payments is 18%? You bought one share of Apple stock a year ago for a price of $168 and sold it today for $180. You received a dividend of $1 during this one-year investment. Calculate the dividend yield, capital gain yield and total return of this stock investment
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