What is the price of the bill? What is the 90-day holding period return of the bill? What is the bond equivalent yield of the bill? What is the effective annual yield of the bill?
Assignment Questions Q1: Give an example of three financial intermediaries and explain how they act as a bridge between small investors and large capital markets or corporations. [2 Marks] Q2: What are some comparative advantages of investing in the following? [2 Marks] Unit investment trusts. Open-end mutual funds. Individual stocks and bonds that you choose […]