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32. A T-Bill has 75 days until maturity with a face value of $100,000 and sells for $99,350. What is the bank discount basis yield?
32. A T-Bill has 75 days until maturity with a face value of $100,000 and sells for $99,350. What is the bank discount basis yield?
- 2.80 %
- 5.84 %
- 3.12 %
- 6.24 %
- 2.65 %
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