question archive A treasury bill is Quoted on June 24, 2015 with Bid discount of 1
A treasury bill is Quoted on June 24, 2015 with Bid discount of 1
Subject:FinancePrice: Bought3
A treasury bill is Quoted on June 24, 2015 with Bid discount of 1.875% and Ask Discount of 1.86% This Bill has a maturity date of February 9th, 2016. Calculate the following and show the main calculator keys in your solution.
a. Days to maturity (Keep in mind one day adjustment)
b. Asked and Bid Price
c. Bond Equivalent Yield (BEY)
d. Effective Yield
