ESSENTIALS OF INVESTMENTS - CONNECT ACCE
11th Edition
ISBN: 9781266077951
Author: Bodie
Publisher: INTER MCG
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Chapter 2, Problem 23PS
A T-hill with face value $10.000 and 87 days to maturity is selling at a bank discount ask yield of 3.4%. (LO 2-1)
a. What is the price of the bill?
b. What is its bond equivalent yield?
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Chapter 2 Solutions
ESSENTIALS OF INVESTMENTS - CONNECT ACCE
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