(i) Calculate the annual and the effective rate of return over the holding period for this investment.
(ii) Explain the difference between these two rates.
A GBP 500,000 180-day bill is purchased with a yield of 6% and sold 90 days later with a yield of 5?
- Posted:
- 3+ months ago by moonsie
- Topics:
- over, bill, yield, return, investment, days, period, periods, day
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