3. T-Bill Pricing (1.0 points) A dealer quotes a 220-day US Treasury Bill trading at a discount of 4%. What is the equilivant yield quoted with continuous compounding and assuming a 365 day year? A) 3.975% B) 4.000% C) 4.106% D) 4.224% E) 4.277%
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- A T-bill with face value $10,000 and 62 days to maturity is quoted at 3.65%-3.63% on a bank discount yield (bid-ask). How much would you pay to buy one 62 day T-bill? $9.958.13 $9,937.48 $9,937.14 $9.956.63 Days 18 39 45 62 Bid 2.87% 3.21% 3.47% 3.65% Ask 2.83% 3.11% 3.35% 3.63%QUESTION 3 What is the price of a Treasury bill with 143 days until maturity that is selling for discount yield of 1.26%? State your answer relative to a face value of $1,000.If a $10,000 par T-Bill has a 3.75% discount quote and a 90-day maturity, what is the price of the T-Bill to the nearest dollar? A. $9,908 B. $9,625 C. $9,627 D. $9,906
- 26. Calculate the interest (in $), purchase price (in $), and effective interest rate (as a %) of the Treasury bill (T-bill) purchase. Round effective interest rate to the nearest hundredth of a percent. FaceValue DiscountRate (%) Term(weeks) Interest PurchasePrice EffectiveRate (%) $60,000 4.60 26 $ $ %The nominal annual interest rate on 6-month USD Treasury Bill is 4.50%. The spot rate of the Euro is $3.8643, and the 6-month forward rate of the Euro is $3.8880. If interest rate parity holds, what is the nominal annual interest rate on a risk and default free 6-month Euro bonds?Immersive Reader A. 12.35% B. 3.25% C. 10.20% D. 2.20%ok t Based on economists' forecasts and analysis, 1-year Treasury bill rates and liquidity premiums for the next four years are expected to be as follows: R1 = 0.65% E(201) = 1.80 % L2 = 0.04% E(301) = 1.98% L3 = 0.08% E(471) = 2.20% L4 = 0.10% Using the liquidity premium theory, determine the current (long-term) rates. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Years 1 2 3 4 Current (Long- Term) Rates % % % %
- INV 1 1b A 180-day US T-bill is quoted with bid and ask bank discount yields of 6.25% and 6.00% respectively. Find the bid-ask spread of the T-bill.INV 1 1c iii. A 180-day US T-bill is quoted with bid and ask bank discount yields of 6.25% and 6.00% respectively. c. Find the effective annual yield based on iii. the ask price of the T-bill.The approximate effective cost (EC) of financing the discount price of trade credit under terms 2/10, net/30 using a 360 day year is?
- What is the annualized yield (rounded to three decimal places) on a seven-month U.S. Treasury bill that has a discount yield of 3.95 %? a. 4.042% b. 3.806% c. 3.950% d. 4.099%Calculate the interest (in $), purchase price (in $), and effective interest rate (as a %) of the Treasury bill (T-bill) purchase. Round effective interest rate to the nearest hundredth of a percent. Face Value Purchase Price Effective Rate (%) Discount Term Interest Rate (%) (weeks) $60,000 4.60 26 $ %(Trade Credit Discounts) Determine the effective annualized cost of forgoing the trade credit discount on the following terms: 1/10, net 20 2/10, net 30 Common Stock A Common Stock B Probability Return Probability Return .30 11% .20 25% .40 15% .30 6% .30 19% .30 14% .20 22%