Question
I need number 3 answered 2. You just bought a Bankers Acceptance with 165 days left to maturity. If you paid 98.360, what is the
I need number 3 answered
2.You just bought a Bankers Acceptance with 165 days left to maturity. If you paid 98.360, what is the annual discount rate?
3.What is the CD equivalent yield on the BA in problem 2?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
11th edition
978-1111530266
