Question
(a) What is the 4-month forward price of a 3-month T-bill? Given that: 7-month T-bills are priced at $95.55 4-month T-bills are priced at 98.88
(a) What is the 4-month forward price of a 3-month T-bill? Given that:
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7-month T-bills are priced at $95.55
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4-month T-bills are priced at 98.88
b) What is the 6-month forward price of a 6-month T-bill? Given that:
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12-month T-bills are priced at $93.55
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6-month T-bills are priced at 95.88
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Personal Finance
Authors: E Thomas Garman, Raymond E Forgue
10th Edition
143903902X, 9781439039021
