Question
Question 1 The treasury bill currently sells for $9,825, has a face value of $10,000 and has 56 days to maturity. What is the bank
Question 1
The treasury bill currently sells for $9,825, has a face value of $10,000 and has 56 days to maturity. What is the bank discount rate on this security?
Please show your work. Write your answers with two decimal points
Question 2
The treasury bill currently selling for $9,785, has a face value of $10,000 and has 64 days to maturity. What is the yield to maturity equivalent on this security?
Please show your work. Write your answers with two decimal points
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HBR Guide To Finance Basics For Managers
Authors: Harvard Business Review
1st Edition
1422187306, 978-1422187302
