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A bill with a face value of $200,000 and a term to maturity of 182 days was originally issued at a price of $194,237.27. Now,
A bill with a face value of $200,000 and a term to maturity of 182 days was originally issued at a price of $194,237.27.
Now, 45 days later it is trading for a yield of 6.55%. Compute the current price: $
Compute the holding period yield of the first holder of the bill if he sold now: %
What would be the holding period return in this case? %
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