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181-day T-bills with $100,000 face value priced at $97,500. Calculate the bank discount rate of above T-bills.The bank agrees to buy T-bills from a securities

181-day T-bills with $100,000 face value priced at $97,500. Calculate the bank discount rate of above T-bills.The bank agrees to buy T-bills from a securities dealer for $997,250, and promises to sell the securities back to the dealer in 4 days for $997,575. Calculate the yield on this reverse repurchase for the bank.

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