Question
I dont know how to get those answer ,please provides these progresses. Thank you very much ! An investor buys $1,000,000 30-day commercial paper for
I dont know how to get those answer ,please provides these progresses. Thank you very much !
- An investor buys $1,000,000 30-day commercial paper for $995,450. The yield on this commercial paper is
*a. 5.56%.
2. The yield on a $100,000 face value Treasury note priced at $97,500, maturing in 181 days is
*d. 5.17%.
3. The yield on a 91-day Treasury note is 5.35%. What is the price of the $1000 T-note?
*b. $986.84
4. The yield on a $100,000 Treasury note maturing in 71 days is 4.86% today. The original maturity of the T-note was 181 days. What is the price of the T-note today?
*c. $99,063.48
5. An institutional investor agrees to buy Treasury notes from a securities dealer for $997,250, and promises to sell the securities back to the dealer in 4 days for $997,575. The yield on this reverse repo for the investor is
*a. 2.97%
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