Question
An investor buys a T-bill at a bank discount quote of 4.80 with 90 days to maturity for $9780. The bill has a face value
An investor buys a T-bill at a bank discount quote of 4.80 with 90 days to maturity for $9780. The bill has a face value of $10,000. The investor's bond equivalent yield on this investment i
is ________.
| 6.97% | ||
| 8.98% | ||
| 4.97% | ||
| 9.12% |
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The Emerald Handbook On Cryptoassets Investment Opportunities And Challenges
Authors: H. Kent Baker, Hugo Benedetti, Ehsan Nikbakht, Sean Stein Smith
1st Edition
1804553212, 978-1804553213
