What second year rate would make timmy indifferent from
Timmy needs $100,000’s next year for his house. The current one year rate one a T-Bill is 9.5% and the two year rate is 10%. What second year rate would make Timmy indifferent from purchasing a 2 one year T-Bills or one 2 year T-Strip?
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timmy needs 100000rsquos next year for his house the current one year rate one a t-bill is 95 and the two year rate is
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