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Chapter 4 5) What is the price of a $1,000 T-bill with 91 days to maturity when the annualized market rate is 3.65% 6)A negotiable
Chapter 4 5) What is the price of a $1,000 T-bill with 91 days to maturity when the annualized market rate is 3.65% 6)A negotiable CD is an add on interest instrument with the price equal to the face value. Calculate what you would receive at maturity if you purchased a $1,000 negotiable CD with 91 days to maturity at a rate of 3.65%. 7) Calculate the price of a $1,000 T-Bill with 182 days to maturity when the annualized market value is 4.25%. What is the annualized rate of return on investment? 8)If six-month (182 days) T-Bill? Have an annualized market rate of 4.25%. What is the money market yield on this T-Bill? Compare your answer to tour answer in question 7
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