best_tu

QUOTE:

以下是引用kimbol在2007-4-28 0:11:00的发言：

不同意二楼的算法。

我对Treasury bill(T-bill) has a holding period yield of 6%的理解为 annual yield 6%.

975 = 50/(1+6%/2) + 1050/(1+x/2)^2

answer x = 12.9%.

D.

how?

同意!