Suppose you purchase a t-bill that is 125 days from


Question: Suppose you purchase a T-bill that is 125 days from maturity for $9,765. The T-bill has a face value of $10,000.

a. Calculate the T-bill's quoted discount yield.

b. Calculate the T-bill's bond equivalent yield.

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Finance Basics: Suppose you purchase a t-bill that is 125 days from
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