On April 1, $10,000.00 364-day treasury bills were auctioned off to yield 3.2 a) What is the price of each $10,000.00 T-bill on April 17 (b) What is the yield rate on July 10 if the market price is $9,682.27? (c) Calculate the market value of each $10,000.00 T-bill on October 20 if the rate of return on that date is 4.104%. (d) What is the rate of return realized if a $10,000.00 T-bill purchased on April 1 is sold on December 5 at a market rate of 4.232 (a) The price is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The yield rate is (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.) (c) The market value is S (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (d) The rate of return realized is (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed)

On April 1, $10,000.00 364-day treasury bills were auctioned off to yield 3.2 a) What is the price of each $10,000.00 T-bill on April 17 (b) What is the yield rate on July 10 if the market price is $9,682.27? (c) Calculate the market value of each $10,000.00 T-bill on October 20 if the rate of return on that date is 4.104%. (d) What is the rate of return realized if a $10,000.00 T-bill purchased on April 1 is sold on December 5 at a market rate of 4.232 (a) The price is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The yield rate is (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.) (c) The market value is S (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (d) The rate of return realized is (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed)

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter8: Analysis Of Risk And Return

Section: Chapter Questions

Problem 9P

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