Question you can purchase a t-bill that is 70 days from, Ask an Expert

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Question: You can purchase a T-bill that is 70 days from maturity for $15,465. The T-bill has a face value of $15,500.

a. Calculate the T-bill's quoted yield. (Use 360 days in a year. Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) T-bill's quoted yield %

b. Calculate the T-bill's bond equivalent yield. (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) T-bill's bond equivalent yield %

c. Calculate the T-bill's EAR. (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) T-bill's EAR %

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Category:- Basic Finance
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