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You purchased a 13-week Treasury note (face value of $10m ) when it was first issued by the Australian Government at a quoted market yield
You purchased a 13-week Treasury note (face value of $10m ) when it was first issued by the Australian Government at a quoted market yield of 5.3% p.a. Six days later you sell the note at a yield of 5.7% p.a. Which of the following is closest to the price that you receive for the bill when you sold it? $9,882,626.88 $9,868,999.18$9,871,735.17 $9,869,586.26
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