Question
In late September 2016, the US Treasury issued three T-Bills, and they had issued a one-year T-Bill on September 15, 2016: 4-Week 13-Week 26-Week 52-Week
In late September 2016, the US Treasury issued three T-Bills, and they had issued a one-year T-Bill on September 15, 2016:
| 4-Week | 13-Week | 26-Week | 52-Week |
Issue Date | 9/29/2016 | 9/29/2016 | 9/29/2016 | 9/15/2016 |
Maturity Date | 10/27/2016 | 12/29/2016 | 3/30/2017 | 9/14/2017 |
Face Value per $100 | 100 | 100 | 100 | 100 |
Price per $100 | 99.987556 | 99.936806 | 99.787667 | 99.363000 |
What is the Bank Discount Rate (rounded to 4 decimals) for the 52-week security?
Using the DISC formula, do you get the same answer as the Bank Discount Rate?
What is the Bond Equivalent Yield for the 26-week security?
Using the YieldDisc function, do you get the same answer as the Bond Equivalent Yield?
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