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If you buy a nine-month T-bill future, you undertake to buy a three-month bill in nine months" time. Suppose that Treasury bills and notes currently offer the following yields: Months to Maturity...

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If you buy a nine-month T-bill future, you undertake to buy a three-month bill in nine months" time. Suppose that Treasury bills and notes currently offer the following yields:

Months to Maturity

Annual Yield

3

6%

6

6.5

9

7

12

8

What is the value of a nine-month bill future?

Answered Same Day Dec 24, 2021

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David answered on Dec 24 2021
129 Votes
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