Question
Suppose we are investors and want to buy a T-bill with a $10,000 face value, 213 days to maturity. How much is it worth
Suppose we are investors and want to buy a T-bill with a $10,000 face value, 213 days to maturity. How much is it worth in $ terms? Round your answer to the unit. TREASURY BILLS MATURITY July 14, 2016 September 1, 2016 October 27, 2016 December 8, 2016 April 27, 2017 DAYS TO MAT 66 115 171 213 353 ASKED CHG BID 0.155 0.233 0.223 0.145 0.005 0.000 0.350 0.340 0.000 0.348 0.338 0.005 0.503 0.493 0.002 ASKED YIELD 0.148 0.226 0.345 0.344 0.502
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Economics Principles and Policy
Authors: William J. Baumol, Alan S. Blinder
12th edition
978-0538453677, 538453672, 978-0538453622, 538453621, 978-0538453653
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