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A T - bill that is 2 2 5 days from maturity is selling for $ 9 8 , 8 5 0 . The T

A T-bill that is 225 days from maturity is selling for $98,850. The T-bill has a face value of $100,000.(LG 5-2)
Calculate the discount yield, bond equivalent yield, and EAR on the T-bill.
Calculate the discount yield, bond equivalent yield, and EAR on the T-bill if it matures in 300 days.

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