Question
Show that a T-bill with 33 days to maturity and trading in the US bond market with a quote of 1.382% should have the quote
Show that a T-bill with 33 days to maturity and trading in the US bond market with a quote of 1.382% should have the quote of 1.403% if traded in the Canada bond market.
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
13th edition
132743469, 978-0132743464
