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Problem 5 - 1 ( LG 5 - 2 ) What is the discount yield, bond equivalent yield, and effective annual return on a $
Problem LG
What is the discount yield, bond equivalent yield, and effective annual return on a $ million Treasury bill that currently sells at percent of its face value and is days from maturity?
Note: Use days for discount yield and days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your percentage answers to decimal places. eg I foud out Discount yeild is and bond equivalent yield is and they are correct, i just need help with Effective annual rate
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