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Calculate the bank discount yield on bill

Assignment:

Which of the following two securities offers a higher effective annual yield? (a) Security X is a 3-month bill selling at $9,764; security Y is a 6- month bill selling at $9,539. (b) Suppose there are 90 or 180 days in the relevant periods. Calculate the bank discount yield on each bill.

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Financial Management: Calculate the bank discount yield on bill

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Financial Management: Calculate the bank discount yield on bill

Reference No:- TGS02026152

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