The ask and bid yields for a Treasury bill were quoted by a dealer as 6.09% and 6.12% respectively. What is the bid-ask spread (in absolute dollar value)? You can assume 90-day Treasury bill with a face value of $100,000
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The ask and bid yields for a Treasury bill were quoted by a dealer as 6.09% and 6.12% respectively. What is the bid-ask spread (in absolute dollar value)? You can assume 90-day Treasury bill with a face value of $100,000.
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- Assume that today’s Wall Street Journal is showing the following information for a given Treasury Bill with a $10,000 face value: Days to maturity: 153 Bid yield: 0.038 Ask yield: 0.034 What is the price you will get if you were to sell one T-bill to the dealer? What is the bid-ask-spread for the T-bill above? What does a narrow bid-ask-spread indicate?If the treasury bill has $10.000 par value 200 days to maturity and is quoted: Bid: 0,720 Ask: 0,630 then: a) The price for the buyer is $9.965 b) The price for the seller is $9.965 c) The price for the buyer is $9.970 d) The price for the seller is $9.960A Treasury bill has a bid yield of 5.44% and an ask yield of 5.29%. The bill matures in 69 days. Assume a face value of $10,000. If you sell it now, how much will you receive?
- What is the price of a U.S. Treasury bill with 36 days to maturity quoted at a discount yield of 7.76 percent? Assume a $500,000 face value.A Treasury bill has a bid yield of 3.46 and an ask yield of 3.4. The bill matures in 123 days. Assume a face value of $1,000. a. At what price could you sell the Treasury bill? (Do not round intermediate calculations. Round your answer to 3 decimal places.) b. What is the dollar spread for this bill? (Do not round intermediate calculations. Round your answer to 3 decimal places.)Ninety days ago, you purchased a 180-day Treasury bill with a face value of $100,000. At that time, the yield to maturity on the bill was 5.0% p.a. If the yield to maturity on the bill is now 4.0% p.a. the bill's price today is closest to: a.$97,594. b.$98,066. c.$98,782. d.$99,023.
- A Treasury bill has a bid yield of 2.79 and an ask yield of 2.77. The bill matures in 175 days. Assume a face value of $1,000. (Note: You may need to review material from an earlier chapter for the relevant formula.) a. At what price could you sell the Treasury bill? (Do not round intermediate calculations. Round your answer to 3 decimal places.) b. What is the dollar spread for this bill? (Do not round intermediate calculations. Round your answer to 3 decimal places.)The following Treasury bill quote is provided as of January 6, 2XX1: Days to maturity Bid Asked Chg Asked Yield 311 5.25 5.20 +0.03 ?? How much would a dealer pay for $100,000 worth of T-bills on January 6, 2XX1? (Round your answers to 2 decimal places. (e.g., 32.16))Given $100,000 to invest, what is the expected risk premium in percentage and in dollars of investing in equities versus risk-free T-bills (U.S. Treasury bills) based on the following table?
- What is the discount yield, bond equivalent yield, and effective annual return on a $2 million Treasury bill that currently sells at 99.5 percent of its face value and is 95 days from maturity?Suppose the price of a treasury bill with 90 days to maturity and a $1 million face value is $ 980,000. What is the yield on a bank discount basis?Suppose that $10,000 of a 6-year fixed-principal Treasury note with a coupon rate of 6.5% is purchased by a dealer firm to create zero-coupon Treasury securities. Let’s assume the appropriate annual yield is 8%. What should be the current value of the zero-coupon Treasury security created from the fifth coupon payment?