The 26 week Treasury bill auction recenlty yielded a price of $97.553111 per $100 of face value. This security matures in 182 days. Find the yield on discount basis and the yield to maturity on this security.

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The 26 week Treasury bill auction recenlty yielded a price of $97.553111 per $100 of face value.
This security matures in 182 days.
Find the yield on discount basis and the yield to maturity on this security.
do not use chat gpt please
Transcribed Image Text:The 26 week Treasury bill auction recenlty yielded a price of $97.553111 per $100 of face value. This security matures in 182 days. Find the yield on discount basis and the yield to maturity on this security. do not use chat gpt please
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