A treasury security with 194 days to maturity has a current


A Treasury security with 194 days to maturity has a current price of $987. The security matures at $1,000. Based on this information, answer the ALL of the following questions.

(a) What would be the simple interest on this security?

(b) The bank discount yield?

(c) The money market 360-day rate?

(d) The bond equivalent yield?

(e) The APY?

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Financial Management: A treasury security with 194 days to maturity has a current
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