A $100,000 treasury bill that matures in 182 days is currently selling at 3 percent discount. What is the bond equivalen
Posted: Thu Dec 23, 2021 9:00 am
- A 100 000 Treasury Bill That Matures In 182 Days Is Currently Selling At 3 Percent Discount What Is The Bond Equivalen 1 (168.1 KiB) Viewed 61 times
A $100,000 treasury bill that matures in 182 days is currently selling at 3 percent discount. What is the bond equivalent yield (BEY) on this security? a. 3.05 percent b. 3.09 percent c. 3.00 percent d. 2.95 percent