Question
You obtain the following quotes from a dealer for a 10-year Treasury bond: Bid= 0.7 Asked= 0.060 If you want to buy this T-bill, how
You obtain the following quotes from a dealer for a 10-year Treasury bond:
Bid= 0.7
Asked= 0.060
If you want to buy this T-bill, how much do you have to pay?
What is the bond equivalent yield of this bond if you pay the price computed in %?
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Cases In Financial Management
Authors: I.M. Pandey
3rd Edition
0071333428, 978-0071333429
