A us t-bill with a face value of 100 and maturing in 60


A US T-bill, with a face value of $100 and maturing in 60 days, can be purchased for $99.40.

Calculate its discount yield and its bond equivalent yield.

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Financial Management: A us t-bill with a face value of 100 and maturing in 60
Reference No:- TGS0983624

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