Q11. A 3-month loan has a holding period yield of 1.5%. What is the annual yield of this loan on a bond-equivalent basis? A) 6.05%. B) 6.65%. C) 3.02%.
Q12. What is the effective annual yield of a T-bill that has a money market yield of 5.665% and 255 days to maturity? A) 5.92%. B) 4.01%. C) 5.79%.
Q13. A Treasury bill has 90 days until its maturity and a holding period yield of 3.17%. Its effective annual yield is closest to: A) 13.49%. B) 13.30%. C) 12.68%.
Q14. A Treasury bill, with 45 days until maturity, has an effective annual yield of 12.50%. The bill's holding period yield is closest to: A) 1.46%. B) 1.57%. C) 1.54%. | 
发表于 2008-12-30 17:27
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