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1- You pay $850 for a 25-day T-bill. It is worth $1,000 at maturity. What is its discount rate? What is its annualized yield? 2-
1- You pay $850 for a 25-day T-bill. It is worth $1,000 at maturity. What is its discount rate? What is its annualized yield?
2- What are the types of bonds? Explain
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