Calculate the t-bills quoted yield use 360 days in a year


Question: You can purchase a T-bill that is 70 days from maturity for $15,465. The T-bill has a face value of $15,500.

a. Calculate the T-bill's quoted yield. (Use 360 days in a year. Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) T-bill's quoted yield %

b. Calculate the T-bill's bond equivalent yield. (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) T-bill's bond equivalent yield %

c. Calculate the T-bill's EAR. (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) T-bill's EAR %

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Calculate the t-bills quoted yield use 360 days in a year
Reference No:- TGS02854895

Expected delivery within 24 Hours