Question
An investor buys a T-bill at a bank discount quote of 5.70 with 120 days to maturity for 9,810.00. The bill has a face value
An investor buys a T-bill at a bank discount quote of 5.70 with 120 days to maturity for 9,810.00. The bill has a face value of $10,000. The investor's bond equivalent yield on this investment is _____.
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5.73%
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6.35%
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5.89%
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5.81%
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Options Trading For Beginners How To Generate Predictable Income And Make A Living Without Taking Big Risks Even If You Re A Complete Beginner
Authors: Greg Middleton
1st Edition
979-8866955046
