33. Money-market yields (S31.5) Look again at Problem 32. Suppose another month has passed, so the bill

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33. Money-market yields (S31.5) Look again at Problem 32. Suppose another month has passed, so the bill has only one month left to run. It is now selling at a discount of 3%. What is the yield? What was your realized return over the two months?

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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