What is the discount yield, bond equivalent yield, and effective annual return on a $5 million...

What is the discount yield, bond equivalent yield, and effective annual return on a $5 million commercial paper issue that currently sells at 98.625 percent of its face value and is 136 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161))

Discount yield _____ %

Bond equivalent yield ______ %

Effective annual return _________ %

Expert Solution

jeff jeffy answered 2 years ago

What is the discount yield, bond equivalent yield, and effective annual return on a $1 million...

What is the discount yield, bond equivalent yield, and effective annual return on a $1 million T-bill that currently sells at 97.375 percent of its face value and is 75 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161))

1-What is the discount yield, bond equivalent yield, and effective annual return on a $1 million...

1-What is the discount yield, bond equivalent yield, and effective annual return on a $1 million T-bill that currently sells at 96.375 percent of its face value and is 65 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161)) Discount yield...% Bond equivalent yield...% Effective annual return...% 2-What is the discount yield,...

1. What is the discount yield, bond equivalent yield, and effective annual return on a $1...

1. What is the discount yield, bond equivalent yield, and effective annual return on a $1 million T-bill that currently sells at 97 3/8 percent of its face value and is 55 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161)) Discount yield % Bond equivalent yield % Effective annual return % ...

Show your work please What is the discount yield, bond equivalent yield, and effective annual return...

Show your work please What is the discount yield, bond equivalent yield, and effective annual return on a $2 million Treasury bill that currently sells for 99.90 percent of its face value and is 28 days from maturity?

Calculate the bond equivalent yield and effective annual return on fed funds that are 3 days...

Calculate the bond equivalent yield and effective annual return on fed funds that are 3 days from maturity and have a quoted nominal yield of 6.56%.

Calculate the bond equivalent yield and effective annual return on fed funds that are 29 days...

Calculate the bond equivalent yield and effective annual return on fed funds that are 29 days from maturity and have a quoted yield of 0.26 percent. (Use 365 days in a year. Do not round intermediate calculations. Round your answers to 4 decimal places.

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Assuming a semi-annual interest payment, determine both the bond-equivalent and annual effective annual yield

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What are the total return, the current yield, and the capital gains yield for the discount...

What are the total return, the current yield, and the capital gains yield for the discount bond? (Assume the bond is held to maturity and the company does not default on the bond.)

The effective semi-annual interest rate is 5%. The equivalent effective monthly rate is ___________ (Carry out...

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