Question
Q1: (A)- An investor pays $9550 for a 181-day T-bill.it is worth $10,000 at maturity. What is its Annualized yield? (B) If investor sells the
Q1:
(A)- An investor pays $9550 for a 181-day T-bill.it is worth $10,000 at maturity.
What is its Annualized yield?
(B) If investor sells the T-Bill 31 days after purchase and receives $9660. What is Bill Annualized yield?
Explain the Answer with formula please? Thank you
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Property Finance
Authors: David Isaac
2nd Edition
0333987144, 978-0333987148
