What is the t-bill bond equivalent yield in percent

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Reference no: EM131862566

1. Suppose you plan to deposit $100 into an account in one year and $300 into the account in three years how much will be in the account in five years if the interest rate is 8%. Would be better if solved with BAII plus calulator.

2. Suppose you purchase a T-bill that is 117 days from maturity for $9,602. The T-bill has a face value of $9,976. What is the T-bill’s bond equivalent yield in percent?

Reference no: EM131862566

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