You obtain the following quotes from a dealer for a 10-year, Finance Basics

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You obtain the following quotes from a dealer for a 10-year

Question: You obtain the following quotes from a dealer for a 10-year Treasury bond:

Bid= 0.7

Asked= 0.060

If you want to buy this T-bill, how much do you have to pay?

What is the bond equivalent yield of this bond if you pay the price computed in %?

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Finance Basics: You obtain the following quotes from a dealer for a 10-year

Reference No:- TGS02814464

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Finance Basics: You obtain the following quotes from a dealer for a 10-year

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