Question
the current selling price for treasury bill rs. 19400 on a rs. 20000 face value and the bill matures in 90 days. fifteen days after
the current selling price for treasury bill rs. 19400 on a rs. 20000 face value and the bill matures in 90 days. fifteen days after purchases, the investor sell it at a discount rate of 11.6 percent.
i) discount rate on treasury bill on the date purchased
ii) bond equivalent yield
iii) price treasury bill after 15 days
iv) holding period of return of 15 days
v) yield to maturity
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
12th edition
133423824, 978-0133423822
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