Question
What is the number of days to maturity, if a bill is priced at $93,450 and has a face value of $100,000 and is trading
What is the number of days to maturity, if a bill is priced at $93,450 and has a face value of $100,000 and is trading with a yield of 6.285%?
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Step: 1
The face value of the bill is 100000 It is trading a...
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Step: 2
Step: 3
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Public Finance
Authors: John E. Anderson
2nd edition
978-0538478441, 538478446, 978-1133708360, 1133708366, 978-1111526986
