1. You purchased a $1,000 par with T-bill 161 days to maturity for $958.19. You then sold this T-bill when it had 35 days to maturity for $993.47. What is your holding period return?
Report your answer in % to the nearest 0.01% but do not include % symbol in answer, e.g., enter 3.95% as 3.95. (Note: It's possible for HPR to be negative.)
2. A money market security with a $1000 face value and 175 days to maturity sells for $937.49. What is its bond equivalent yield?
Report your answer in % to the nearest 0.01%; e.g., enter 3.95% as 3.95.
3. What is the price of a money market security with the bond equivalent yield of 5.81%, 167 days to maturity, and a $1000 face value? Round to $0.01.