Business, 12.07.2019 19:30 sudotoxic

At-bill with face value $10,000 and 87 days to maturity is selling at a bank discount ask yield of 3.4%. a. what is the price of the bill? (use 360 days a year. do not round intermediate calculations. round your answer to 2 decimal places.) price of the bill $ b. what is its bond equivalent yield? (use 365 days a year. do not round intermediate calculations. round your answer to 2 decimal places.) bond equivalent yield %

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At-bill with face value $10,000 and 87 days to maturity is selling at a bank discount ask yield of 3...

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