Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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What is the bond equivalent yield on a Treasury-bill with a face value of $3,000000, a discount rate
of 3% and 40 days until maturity?
What does VAR(95%) of $32,000 mean?
Use the following to calculate the effective borrowing cost of commercial paper
• Face value = 19,000,000
• Discount rate = 0.5%
• Dealer Fee = 0.2%
• Commitment Fee = 0.17%
• Days to maturity = 50
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