Question

The overnight Fed Funds rate is 1.84%. Please convert this to an effective yield. It makes sense to first convert it to a bon

0 0
Add a comment Improve this question Transcribed image text
Answer #1

no.of times compounding - 1 Effective Yield Rate = (1 + fed rate no. of times compounding 1365 l + 0.0184 365 = (1.0005041095

Add a comment
Know the answer?
Add Answer to:
The overnight Fed Funds rate is 1.84%. Please convert this to an effective yield. It makes...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT