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A holder of a 180-day bill with 52 days left to maturity and a face value of $100 000 chooses to sell it into the
A holder of a 180-day bill with 52 days left to maturity and a face value of $100 000 chooses to sell it into the market. If 52-day bills are currently yielding 7.94% per annum,the price obtained will be $_____________.
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