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1) You bought a T-bill a few days ago. Now, you want to sell it. The price quotation for this T- Bill is below. Bid

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1) You bought a T-bill a few days ago. Now, you want to sell it. The price quotation for this T- Bill is below. Bid Price Ask Price Days to Maturity 94.26 94.96 110 days Calculate the simple and compounded yield of this T-bill when you sell it? Explain briefly the relationship between Bill prices and yields

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