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Treasury bills. Use the information in the following table: A face value of $10,000 is assumed for these Treasury bills. Determine the bank discount rate
Treasury bills. Use the information in the following table: A face value of $10,000 is assumed for these Treasury bills. Determine the bank discount rate of the August 30 Treasury bill if it is currently selling for $9,841.63. What is the bond equivalent yield (BEY)? What is the bank discount rate of the August 30 Treasury bill? 0% (Round to two decimal places.) * Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Days to Maturity Maturity Mar 30 Bank Discount 1.20 2.00 2.45 Apr 30 Jun 30 Aug 30 Print Done
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