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A 91 DAY COMMERCIAL PAPER HAS A FACE VALUE (PAR VALUE) OF $500,000 AND AN AUCTION PRICE OF $496,000. WHAT IS THE QUATERLY YIELD ON

A 91 DAY COMMERCIAL PAPER HAS A FACE VALUE (PAR VALUE) OF $500,000 AND AN AUCTION PRICE OF $496,000. WHAT IS THE QUATERLY YIELD ON THIS BILL?

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