Question
A T-bill with 1-year maturity has 4.92% bid yield and a 4.86% ask yield. If the bill has a $10,000 face value, an investor could
A T-bill with 1-year maturity has 4.92% bid yield and a 4.86% ask yield. If the bill has a $10,000 face value, an investor could buy this bill for _____. (Do not use the bank method).
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Guardians Of Finance
Authors: James R. Barth, Gerard Caprio, Ross Levine
1st Edition
0262526840, 978-0262526845
