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A 6 month (i.e. 182 days) Treasury bill with a face value of $500,000 was issued at a price of $496,500. The Treasury Bill's Money
A 6 month (i.e. 182 days) Treasury bill with a face value of $500,000 was issued at a price of $496,500. The Treasury Bill's Money Market Yield and Bond Equivalent Yield are respectively.
a. 1.4%, 1.43%
b. 2.0%, 2.05%
c. 3.1%, 3.3%
d. None of the above
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