What is the bank discount yield-bond equivalent yield

Assignment Help Financial Management

Reference no: EM13909195

A Treasury bill with 113 days to maturity is quoted at 98.630. What is the bank discount yield, the bond equivalent yield, and the effective annual return? (Do not round intermediate calculations. Enter your answers as a percent rounded to 3 decimal places. Omit the "%" sign in your response.)

Discount yield %

Bond equivalent yield %

Effective annual return %

Reference no: EM13909195

Questions Cloud

Primary equity interest only debt : The residual position (the portion retained by the issuer) in the CMO offering is considered which kind of position? Primary Equity Interest only Debt

Problem leverage-long-term debt-equity ratio : A firm has a long-term debt-equity ratio of .4. Shareholders’ equity is $1 million. Current assets are $200,000, and the current ratio is 2. The only current liabilities are notes payable. What is the total debt ratio?

What is the macaulay duration and modified duration : What is the Macaulay duration of a 7.4 percent coupon bond with six years to maturity and a current price of $1,029.90? What is the modified duration?

What is the current bond price : Great Wall Pizzeria issued 6-year bonds one year ago at a coupon rate of 6.3 percent. If the YTM on these bonds is 8.4 percent, what is the current bond price?

What is the bank discount yield-bond equivalent yield : A Treasury bill with 113 days to maturity is quoted at 98.630. What is the bank discount yield, the bond equivalent yield, and the effective annual return?

Prepare a forecasted contribution margin income statement : To obtain these savings, the company must increase its annual fixed costs by $150,000. The maximum output capacity of the company is 40,000 units per year.

Paper - software security operations in cloud computing : Comments/Deadline : Topic "Software Security Operations in Cloud Computing"( The topic must relevant to Software Security concepts, operations, trends, or best practices.)

What is the bond equivalent yield : A U.S. Treasury bill with 64 days to maturity is quoted at a discount yield of 1.75 percent. What is the bond equivalent yield?

What is the expected present value of growth opportunities : Suppose that a firm's common equity is selling for $150 in the market, that the firm has $115 million in Net Income, and the firm has 20 million common shares outstanding. Finally, the firm faces a moderately high cost of common equity of 14%. What i..

User Account

All Pages