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Active supply chain PLC decided to purchase a treasury bill, which has $15,000 face value and only 112 days to maturity. And it is selling
Active supply chain PLC decided to purchase a treasury bill, which has $15,000 face value and only 112 days to maturity. And it is selling at a 4.5% bank discount ask yield.
- Calculate the price of the treasury bill?
- Calculate its bond equivalent yield?
- Financial assets are not a component of national wealth, but it is identified as a component of household wealth. Explain.
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