What is the yield on a bank discount basis

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1. Suppose that the price of a Treasury bill with 60 days to maturity and a $10 million face value is $8,500 ,000. What is the yield on a bank discount basis?

2. A bond pays annual interest. Its coupon rate is 8%. Its value at maturity is $1,000. It matures in 4 years. Its yield to maturity is currently 5%. The duration of this bond is _______ years

3. A 10% coupon bond, annual payments, 9 years to maturity is callable in three years at a call price of $1150. If the bond is selling today for $950, the yield to call is.

Reference no: EM131938903

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