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1. INS Marks] [Present Value] You purchase six-month UK Treasury bills on the secondary market with a quoted yield per mum of 0.75 per cent

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1. INS Marks] [Present Value] You purchase six-month UK Treasury bills on the secondary market with a quoted yield per mum of 0.75 per cent and maturity value of 10,000. The bills have 60 days to maturity. How much would you pay? Use the actuaUBO-day count convention

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