Question
Q1 ; 21 days ago, a 6-month (182 days) $100,000 Province of Alberta T-Bill was issued when the interest rate was 2.5%. What would be
Q1 ; 21 days ago, a 6-month (182 days) $100,000 Province of Alberta T-Bill was issued when the interest rate was 2.5%. What would be the appropriate price for the T-Bill today if the rate changed to3.1%
B: How many days from between the purchase date and maturity?
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Economics of Money, Banking and Financial Markets
Authors: Frederic S. Mishkin
9th Edition
978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905
