Question
A 163-day Treasury bill is quoted as having a 4.46% bond equivalent yield. What is the T-bill's effective annual yield? Submit your answer as a
A 163-day Treasury bill is quoted as having a 4.46% bond equivalent yield. What is the T-bill's effective annual yield? Submit your answer as a percentage rounded to two decimal places (Ex. 0.00%).
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The annualized yield that is mentioned twice a year is cal...
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Cornerstones of Financial and Managerial Accounting
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
2nd edition
978-0538473484, 538473487, 978-1111879044
