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Posted on Jul 14, 2024

Suppose that the price of a Treasury bill with 9 0 days to maturity and a $ 1 million face value is $ 9 8

Suppose that the price of a Treasury bill with $90$ days to maturity and a $ $1$ million face value is $ $980, 000 . (1)$ What is the bank discount yield? $(2)$ What is the bond equivalent yield? $(3)$ What is the CD equivalent yield?

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Suppose that the price of a Treasury bill with 9 0 days to maturity and a $ 1 million face value is $ 9 8

Suppose that the price of a Treasury bill with 90 days to maturity and a $1 million face value is $980,000.(1) What is the bank discount yield? (2) What is the bond equivalent yield? (3) What is the CD equivalent yield?

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Recommended Textbook for

Bond Markets Analysis and Strategies

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Suppose that the price of a Treasury bill with $90$ days to maturity and a $ $1$ million face value is $ $980, 000 . (1)$ What is the bank discount yield? $(2)$ What is the bond equivalent yield? $(3)$ What is the CD equivalent yield?