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Q14 6 pts Question 14 Demonstrate that the effective cost of funds for a $40 million 90-day bank bill issue in April is the forward
Q14 
6 pts Question 14 Demonstrate that the effective cost of funds for a $40 million 90-day bank bill issue in April is the forward rate established in June (when 30 August BAB futures are sold at 97.45), rather than the BBSW of 3.05% when the bills are issued in June. Edit View Insert Format Tools Table 12pt Paragraph T BIUA el Step by Step Solution
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Big Tech In Finance
Authors: Igor Pejic
1st Edition
139860898X, 978-1398608986
