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12) In the Global Financial Crisis box in Section 6.2, Bloomberg.com reported that the three-month Treasury bill sold for a price of $100.002556 per $100
12) In the Global Financial Crisis box in Section 6.2, Bloomberg.com reported that the three-month Treasury bill sold for a price of $100.002556 per $100 face value. What is the yield to maturity of this bond, expressed as an EAR?
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