Discuss the bond equivalent yield
Problem:
Treasury Bills A Treasury bill purchased in December 2007 has 34 days until maturity and a bank yield of 4.24 percent. What is the price of the bill as a percentage of face value? What is the bond equivalent yield?
Now Priced at $20 (50% Discount)
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Showing the computations how much should you be willing to pay for this bond?
What is the price of the bill as a percentage of face value? What is the bond equivalent yield?
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Despite the facts and figures surrounding megacities, they will inevitably continue to grow-particularly as population densities shift from the developed .
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