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A. How much (in total dollars) would you expect to have paid for a $10,000 face value Treasury Bill which matures on May 25, 2006?
A. How much (in total dollars) would you expect to have paid for a $10,000 face value Treasury Bill which matures on May 25, 2006?
b. What is the Bond Equivalent Yield of the Treasury Bill which matures on May 25, 2006?
c. By how much (how many dollars) did the price of one of the the May 25 T-Bills (with face value of $10,000 as before) change from the day before (Thursday)?
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Treasury Bills DAYS TO MATURITY MAT BID ASKED CHG Feb 16 06 63.86 3.85 -0.21 Feb 23 06 13 4.10 4.09 -0.09 Mar 02 06 20 4.22 4.21 -0.03 Mar 09 06 27 4.26 4.25 -0.01 Mar 16 06 34 4.24 4.23 Mar 23 06 41 4.24 4.23 0.01 Mar 30 06 48 4.23 4.22 0.01 Apr 06 06 55 4.28 4.27 0.01 Apr 13 06 62 4.32 4.31 0.01 Apr 20 06 69 4.34 4.33 0.01 Apr 27 06 76 4.36 4.35 0.01 May 04 06 83 4.39 4.38 0.01 May 11 06 90 4.40 4.39 May 18 06 97 4.39 4.38 May 25 06 104 4.41 4.40 Jun 01 06 111 4.43 4.42 Jun 08 06 118 4.44 4.43 Jun 15.06 125 4.46 4.45 Jun 22 06 132 4.45 4.44 Jun 29 06 139 4.45 4.44 0.01Step by Step Solution
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