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a. An issue of T-Bills matures in n=200 days. The Ask Price is r=5%. Please, find the Ask Yield. State your answer as a percentage
a. An issue of T-Bills matures in n=200 days. The Ask Price is r=5%. Please, find the Ask Yield. State your answer as a percentage with 3 digits after the decimal point. Show all steps/manipulations.
b.Consider an issue of T-Bills maturing in n=120 days whose Straight Yield is YStraight = 10%. First, find the equation for the Ask Price (r). Then evaluate it using the provided inputs. State your answer as a percentage with 3 digits after the decimal point. Show all steps/manipulations.
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