Treasury security-the bank discount yield

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Reference no: EM131591408

A Treasury security with 194 days to maturity has a current price of $987. The security matures at $1,000. Based on this information, answer the ALL of the following questions.

(a) What would be the simple interest on this security?

(b) The bank discount yield?

(d) The bond equivalent yield?

(e) The APY?

Reference no: EM131591408

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