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6 3. We see a bond equivalent yield of 3.30%, on a 126 day U.S. Treasury bill. What is the price, expressed as a

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6 3. We see a bond equivalent yield of 3.30%, on a 126 day U.S. Treasury bill. What is the price, expressed as a percentage of face value? a) 98.8450 b) 99.9670 -c) 96.7000 .d) 98.8737 e) 99.9886

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