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Question 1 (3.333 points) Coinsider the T-Bill quotes in the table below: Treasury Bill Listings Wall Street Journal, April 18, 2017 Days to Maturity Maturity
Question 1 (3.333 points) Coinsider the T-Bill quotes in the table below: Treasury Bill Listings Wall Street Journal, April 18, 2017 Days to Maturity Maturity Bid Asked Chg. 8-Jun-17 51 0.730 0.720 unch. 17-Aug-17 121 0.793 0.783 (0.010) 12-Oct-17 177 0.905 0.895 (0.028) 7-Dec-17 233 0.928 0.918 (0.023) 29-Mar-18 345 0.988 0.978 (0.020) Asked Yield 0.731 0.795 0.911 0.936 1.000 What is the bond equivalent yield on the T-Bill that matures August 17 2017? What is the bond equivalent yield on the T-Bill that matures August 17 2017? 0.783 0.793 0.795 .721
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