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A parcel of 90 day BABs with a face value of 50 million is purchased at 2.25% p.a. And sold 30 days later when the

A parcel of 90 day BABs with a face value of 50 million is purchased at 2.25% p.a. And sold 30 days later when the yields have fallen to 2.0% p.a. Calculate;

 

1. The holding period yield achieved

2. The amount of interest earned on the investment

3. Any capital gains or losses that resulted. 

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