Question
A treasury bill currently sells for $9,876, has a face value of $10,000 and has 66 days to maturity. What is the bank discount rate
A treasury bill currently sells for $9,876, has a face value of $10,000 and has 66 days to maturity. What is the bank discount rate on this security?
A treasury bill currently selling for $9,765, has a face value of $10,000 and has 63 days to maturity. What is the yield to maturity equivalent on this security?
A bond has a duration of 5.8 years. Its current market price is $1,152. Interest rates in the market are 2 percent today. It has been forecasted that interest rates will rise to 3 percent over the next couple of weeks. How will the bond's price change in percentage terms? The bond's price will ______________ by ______ percent.
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