User Account

All Pages

How much would get if want to sell such a t-bill to dealer

Assignment Help Financial Accounting
Reference no: EM132955271

Problem 1: A dealer is quoting a bid discount of 0.75 and an ask discount of 0.73 on a T-Bill with a maturity of 125 days. If you want to sell such a T-Bill to the dealer with a face value of $1M, how much would you get for it?

Group of answer choices

Option 1: $997,396

Option 2: $997,465

Option 3: $992,700

Option 4: $998,024

Reference no: EM132955271

Questions Cloud

Purpose of a purpose statement in a research study : Describe the purpose of a purpose statement in a research study?
How do users of financial statements have opinion swayed : How do users of financial statements have their opinion swayed with the way amounts are booked to distort financial statement results for personal gain?
Assumptions and limitations in a research study : Describe the purpose of assumptions and limitations in a research study and provide citations to support the explanation.
Prepare the cash budget by month and in total : Staff salaries are budgeted at £900,000 per year payable every month. Prepare the cash budget by month and in total
How much would get if want to sell such a t-bill to dealer : 0.73 on a T-Bill with a maturity of 125 days. If you want to sell such a T-Bill to the dealer with a face value of $1M, how much would you get for it?
Purpose of providing the significance of the study : Describe the purpose of providing the "significance of the study" in a research paper and provide citations to support content.
Describe the purpose of a literature review : Describe the purpose of a literature review in a research paper and provide citations to support content.
Describe the purpose of including a ethical research : Describe the purpose of including a "ethical research" within a research paper and provide citations to support the explanation.
What is the usd equivalent cost for the company : If a company agreed to settle a purchase order for GBP 250,000 and the exchange rate today is GBP/USD 1.5250, what is the USD equivalent cost for the company?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd