You buy a $5,000 par 180 day T-bill for $4,940 . This bill's bond equivalent yield would be
Calculation of bond equivalent yield:
Bond equivalent yield= ((face value-purchase price)/purchase
price)*(365/days)
Bond equivalent yield= ((5000-4940)/4940)*(365/180)= 0.0246
Bond equivalent yield= 2.46%
You buy a $5,000 par 180 day T-bill for $4,940 . This bill's bond equivalent yield...
calculate the bond equivalent yield on a 46 day t bill selling for 97.6 of it face value
Suppose you purchase a T-bill that is 102 days from maturity for $9,820. 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. (For all requirements, use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161)) a. b. T-bill's quoted yield T-bill's bond equivalent...
Help Suppose you purchase a T-bill that is 105 days from maturity for $9,840. 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. (For all requirements, use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g. 32.161)) T-bill's quoted yield T-bill's bond equivalent yield...
If the discount yield on a 30-day Treasury bill is 4%, what is its bond-equivalent yield (investment rate)?
If a $10,000 par T-bill has a 4.25% discount quote and a 180-day maturity, what is the price of the T-bill to the nearest dollar? Please show equations/work
What is the discount yield, bond equivalent, and effective annual return on a$1 million T-bill that currently sells at 96.375 percent of it's face value and is 70 days from maturity?
What is the yield-to-maturity for a $5,000 Treasury Bill (a type of Discount Bond) for which you paid $4,875.00?
4. You can purchase a T-bill that is 90 days from maturity for $9,900. The T-bill has a face value of $10,000. Calculate the T-bill's EAR. A) 4.00 percent. B) 4.16 percent. C)4.10 percent. D) 4.07 percent. E) 4.21 percent 5. A $5 million jumbo CD is paying a quoted 4.25% interest rate on 120-day maturity CDs. How much money could you withdraw at maturity if you invest in the CD? A) $5,000,000 B) $5,069,863 C) $4,929,167 D) $5,212,500 E)...
1. Calculate the money market yield and bond equivalent yield of a $100,000 30-day US Treasury bill that is trading at a discount of 5%. A. The money market yield is 5% and the bond equivalent yield is lower than the money market yield. B. The money market yield is 5.02% and the bond equivalent yield is higher than the money market yield. C. The money market yield is 5.09% and the bond equivalent yield is lower than the money...
What is the difference between discount yield on a T bill and what a T bill bonds equivalent is.