A Tbill having 40 days to maturity has the rate 6%. What should be the yield on a Treasury bond having only 40 days to

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answerhappygod
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A Tbill having 40 days to maturity has the rate 6%. What should be the yield on a Treasury bond having only 40 days to

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A Tbill having 40 days to maturity has the rate 6%. Whatshould be the yield on a Treasury bond having only 40 days tomaturity? (Careful: make sure you express the bond interestrate as it is normally quoted.)
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