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A 182-Day Treasury Bill with a face value of GHC180,000 was sold at a price of GHC160,000. (i) Calculate the percentage and the cedi discounts

A 182-Day Treasury Bill with a face value of GHC180,000 was sold at a price of GHC160,000. (i) Calculate the percentage and the cedi discounts on the Bill (ii) Calculate the interest and coupon equivalent yields on this Bill (iii) After holding the Bill for one-half of its maturity period or days it was used as a collateral in a repurchase agreement with a bank for an amount equivalent to 92.5% of the face value of the Bill and repurchased in 5 days later. How much did the bank earn on this repo agreement and what is the repo rate on the transaction?

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