A T-bill maturing in 133 days with a face value of $1,000,000 is currently selling for $997680.88. What is the T-bill's
Posted: Sun Jun 05, 2022 10:26 am
A T-bill maturing in 133 days with a face value of $1,000,000 is
currently selling for $997680.88. What is the T-bill's bond
equivalent yield? Assume a 365 day year. Submit your
final answer as a percentage rounded to two decimal places (Ex.
0.00%).
currently selling for $997680.88. What is the T-bill's bond
equivalent yield? Assume a 365 day year. Submit your
final answer as a percentage rounded to two decimal places (Ex.
0.00%).