Question
Bidder A makes the bid(3.27% ; $1 million)in an Australian Government bonds tender.The cut-off yield is 3.26% . Calculate the yield that Bidder A will
Bidder A makes the bid(3.27% ; $1 million)in an Australian Government bonds tender.The cut-off yield is 3.26% .
Calculate the yield that Bidder A will get, if any. Type 0 if Bidder A does not get any bonds in tender.
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
134724712, 134724713, 9780134779782 , 978-0134724713
