For a 90 day CD that has a 2% single payment yield, the EAR is (
1.04% |
||
1.29% |
||
1.54% |
||
1.79% |
||
2.04% |
A $1M investment in 90 day commercial paper has a 3% discount yield, what is its bond equivalent yield? A Commercial Paper is sold at discount not paying coupon interest. EAR=( )% 2.5 2.6 2.7 2.8 2.9 3.0 3.1 3.2 3.3
If you buy both a 30-day Eurodollar CD paying 6.7 percent and a 90-day futures on a 90-day Eurodollar CD with a price implying a yield of 7.2 percent, what is your total annualized return? (Both yields are based on 360-day years.) a. 7.25 percent b. 7.07 percent c. 10.15 percent d. 7.75 percent 6.95 percent
A bank has issued a six-month, $1.6 million negotiable CD with a 0.45 percent quoted annual interest rate fico, sp). a. Calculate the bond equivalent yield and the EAR on the CD. b. How much will the negotiable CD holder receive at maturity? c. Immediately after the CD is issued, the secondary market price on the $2 million CD falls to $1,598,900. Calculate the new secondary market quoted yield, the bond equivalent yield, and the EAR on the $1.6 million...
A $1M investment in 90 day commercial paper has a 3% discount yield, what is its bond equivalent yield? A Commercial Paper is sold at discount not paying coupon interest. Bond equivalent yield=( )
Question 2 A 50-day maturity money market security has a bond equivalent yield of 3.60 percent. The security's EAR is 3.87% 3.66% None of these is correct 3.61% 3.55%
ROK-C issued a 90-day commercial papers (CPs) with the face value of $2,050,000. If these CPs are sold at $1,900,000. The 90-day interest payment is $____; the 90-day interest rate is _____%; and its EAR on these commercial papers is ______%.
A bank has issued a six-month, $2.8 million negotiable CD with a 0.55 percent quoted annual interest rate lico, spl a. Calculate the bond equivalent yield and the EAR on the CD. b. How much will the negotiable CD holder receive at maturity? c. Immediately after the CD is issued, the secondary market price on the $3 million CD falls to $2799.000. Calculate the new secondary market quoted yield, the bond equivalent yield, and the EAR on the $2.8 million...
A bank has issued a six-month, $2.8 million negotiable CD with a 0.55 percent quoted annual interest rate lico, spl a. Calculate the bond equivalent yield and the EAR on the CD. b. How much will the negotiable CD holder receive at maturity? c. Immediately after the CD is issued, the secondary market price on the $3 million CD falls to $2799.000. Calculate the new secondary market quoted yield, the bond equivalent yield, and the EAR on the $2.8 million...
A jumbo (i.e., negotiable) CD has a quoted yield of 4.66%. This is the yield conventionally quoted for this security. It has 76 days to maturity. What is the effective annual yield of this security? Note it makes sense to first calculate the bond equivalent yield. Answer in percent to three decimal places. Omit the percent sign.
You're the operations manager at a regional hospital and your management has set the goal that no one should wait more than 3 minutes to see a nurse in the Emergency Room. You've collected 40 samples of the average wait times at five different times during the day over 40 days as shown below. a. construct an x-bar chart for this data. Is the process in control? b. using 3 minutes as the upper tolerance limit and zero as the lower tolerance...