Question
You bought a $10,000 par T-bill which would mature in 301days. The T-bill has a bank discount bid quote of 0.115% and ask quote of
You bought a $10,000 par T-bill which would mature in 301days. The T-bill has a bank discount bid quote of 0.115% and ask quote of 0.105%. What is this T-bill's cost?
| A. | $9,990.38 | |
| B. | $9,991.34 | |
| C. | $9,990.52 | |
| D. | $9,991.22 |
You bought a $10,000 par T-bill which would mature in 301days. The T-bill has a bank discount bid quote of 0.115% and ask quote of 0.105%. What is the return on the investment over your investment period?
| A. | 0.0963% | |
| B. | 0.0879% | |
| C. | 0.0867% | |
| D. | 0.0949% |
You bought a $10,000 par T-bill which would mature in 301days. The T-bill has a bank discount bid quote of 0.115% and ask quote of 0.105%. What is the bond equivalent yield? USE ACTUAL NUMBER OF RETURN ON THE INVESTMENT NOT ROUNDED ANSWER.
| A. | 0.1066% | |
| B. | 0.1167% | |
| C. | 0.1051% | |
| D. | 0.1151% |
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Finance A Quantitative Introduction Volume 1
Authors: Piotr Staszkiewicz, Lucia Staszkiewicz
1st Edition
0128015845, 978-0128015841
