Question
A U.S. T-bill has 38 days until maturity and a settlement price of 99.58. The discount yield is and bond-equivalent yield is_ A. 3.98%,
A U.S. T-bill has 38 days until maturity and a settlement price of 99.58. The discount yield is and bond-equivalent yield is_ A. 3.98%, 1.28% B. 3.98%, 3.98% C. 3.98%, 4.05% D. 1.28%, 3.98%
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Income Tax Fundamentals 2013
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