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A 90 day T-bill is trading at a price of 99.125. What is the discount yield? (Answer in percentage points to the third decimal, so
A 90 day T-bill is trading at a price of 99.125. What is the discount yield? (Answer in percentage points to the third decimal, so 2.25% would be "2.250")
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Survey Of Economics, Principles, Applications, And Tools
Authors: Arthur O'Sullivan, Steven M. Sheffrin, Stephen J. Perez
5th Edition
0132556073, 978-0132556071
