Question
You purchased a $1,000 par T-bill with 170 days to maturity for $973.01. You then sold this T-bill when it had 44 days to maturity
You purchased a $1,000 par T-bill with 170 days to maturity for $973.01. You then sold this T-bill when it had 44 days to maturity for $986.39. What is your realized return? Use a 360-day year. Report your answer in % to the nearest 0.01%
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To calculate the realized return we need to use the formula for the yi...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
