Alecastro3292 Alecastro3292

06-04-2024
Business

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A Treasury bill has a bid yield of 1.89 and an ask yield of 1.85. The bill matures in 90 days. Assume a face value of $1,000.
a) Calculate the annualized yield
b) Determine the discount or premium on the bill
c) Find the current market price of the bill
d) Identify the issuing authority

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