Treasury bill has a bid yield

Assignment Help Financial Management

Reference no: EM131068647

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 $1,000. What is the dollar spread for this bill? (Do not round intermediate calculations. Round your answer to 3 decimal places. Omit the "$" sign in your response.)'

Reference no: EM131068647

Questions Cloud

What is the relevance of ethics in the above scenario : What is the relevance of ethics in the above scenario?

The other is heavy truck used to haul equipment : Your small remodeling business has two work vehicles. One is a small passenger car used for job-site visits and for other general business purposes. The other is a heavy truck used to haul equipment. How many miles would you have to drive the car bef..

Determining the role unions : In a 2-3 page essay, discuss what you see as the future of labor unions and the role they will/will not play in the U.S. economy. In your essay, be sure to consider the factors that you see as critical in determining the role unions will play in ..

Evaluate how cisg deals with incorporation of standard terms : The incorporation of standard terms into a contract for the international sale of goods is often premised on a mere reference to those terms in communications between the parties, or to the webpage on which the standard terms reside. Critically ev..

Treasury bill has a bid yield : 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. What is the dollar spread for this bill? (Do not round intermediate calculations. Round your answer to 3 decimal places. O..

Explanation using both extra-textual and intra-textual : In writing this exegetical paper, you will choose a passage from the following list of texts of the Pauline Letters in the New Testament. You will then research and write an analysis of the text in order to:

What does an net present value of zero imply : What does an net present value of zero imply?

Project is expected to create operating cash flows : A project is expected to create operating cash flows of $35,000 a year for four years. The initial cost of the fixed assets is $100,000. These assets will be worthless at the end of the project. An initial $5,000 of net working capital will be requir..

Directly produce any sales but will reduce operating costs : Superior Manufacturers is considering a 3-year project with an initial cost of $846,000. The project will not directly produce any sales but will reduce operating costs by $295,000 a year. The equipment is depreciated straight-line to a zero book val..

User Account

All Pages