. Calculate the price for a 180-day I-note purchased at a 6 per cent asked yield if the bill has a face value of S10 000.
. Barry buys a 90-day bill with a face value of 5100 000 at a yield of 7% pa. wizen it is initially issued. He sells it with 60 days to maturity at a yield of 7.4% pa. What has his return been?
What is the price of a Zero Coupon Bond with a face value of 5100 and a time to maturity of sic years. if the interest rate is 5% pa?