Please show work as to how you got your answers. For calculator solutions, please give calculator...
Please show work as to how you got your answers. For calculator solutions, please give calculator inputs.
A treasury bill currently sells for $9,891, has a face value of $10,000 and has 39 days to maturity. What is the bank discount rate on this security? What is the YTM or bond-equivalent yield?
Homework Answers
SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE
ALL FORMULAS ARE SHOWN, FIGURES ARE ROUNDED TO 3 DECIMALS
IF WE ROUND TO 2 DECIMALS, ANSWERS WILL BE ::: 10.06%, 10.31%
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Please show work as to how you got your answers. For calculator solutions, please give calculator...
Please show work as to how you got your answers. For calculator solutions, please give calculator inputs. You have the following details about the First Banc Corp. bond: Maturity = 9 years, Coupon rate (annual) = 5.25%, Yield to maturity = 4.2%, Par value = $1,000. Calculate the value of the bond, its duration and modified duration. What will be the change in value if interest rates go up by 1.0%?
Please show work as to how you got your answers. For calculator solutions, please give calculator...
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A zero-coupon Treasury security (that is, a T-bill) has 50 days to maturity and a discount yield of 4.2%. Calculate the effective yield for this security. (This is not the bond equivalent yield, but rather the equivalent of an EAR (effective annual rate).) Answer in percent terms to two decimal places. Do not enter the percent sign. Do not assume the inputs are the same as for the previous question. You can assume whatever face or par value you want,...
Please explain how to solve on a financial calculator, step by step. Thanks :) Yield to...
Please explain how to solve on a financial calculator, step by
step. Thanks :)
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Please explain how to solve on a financial calculator, step by
step. Thanks :)
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What is the discount yield, bond equivalent yield, and effective annual return on a $1 million T-bill that currently sells at 96.375 percent of its face value and is 80 days from maturity? (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)) Discount yield Bond equivalent yield Effective annual return %
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