A treasury bill with 109 days to maturity is quoted at


A Treasury bill with 109 days to maturity is quoted at 97.630. What is the bank discount yield, the bond equivalent yield, and the effective annual return?

Solution Preview :

Prepared by a verified Expert
Finance Basics: A treasury bill with 109 days to maturity is quoted at
Reference No:- TGS02208424

Now Priced at $10 (50% Discount)

Recommended (92%)

Rated (4.4/5)