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You would like to purchase a Treasury bill that has a $10,500 face value and is 60 days from maturity. The current price of the
You would like to purchase a Treasury bill that has a $10,500 face value and is 60 days from maturity. The current price of the Treasury bill is $10,375. Calculate the discount yield on this Treasury bill. (Use 360 days in a year. Do not round intermediate calculations. Round your percentage answer to 2 decimal places. (e.g., 32,16)) Discount yield %
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Fundamentals Of Institutional Asset Management
Authors: Frank J Fabozzi, Francesco A Fabozzi
1st Edition
9811220034, 9789811220036
