The ask and bid yields for a Treasury bill were quoted by a dealer as 6.09% and 6.12% respectively. What is the bid-ask spread (in absolute dollar value)? You can assume 90-day Treasury bill with a face value of $100,000
The ask and bid yields for a Treasury bill were quoted by a dealer as 6.09% and 6.12% respectively. What is the bid-ask spread (in absolute dollar value)? You can assume 90-day Treasury bill with a face value of $100,000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The ask and bid yields for a Treasury bill were quoted by a dealer as 6.09% and 6.12% respectively. What is the bid-ask spread (in absolute dollar value)? You can assume 90-day Treasury bill with a face value of $100,000.
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