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A 180-day T-bill, face value $10,000, is trading at a discount rate of 5%. (a) If you hold the T-bill until maturity, what is the
A 180-day T-bill, face value $10,000, is trading at a discount rate of 5%. (a) If you hold the T-bill until maturity, what is the rate of return you will earn on your investment? (b) If you hold the T-bill for 90 days, sell it and break even (making a return of 0%), what is the discount rate youd be selling the T-bill at?
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