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A T-bill that is 180 days from maturity with a face value of $100,000 is selling for $98,850. (A) Calculate the discount yield, bond equivalent
A T-bill that is 180 days from maturity with a face value of $100,000 is selling for $98,850.
(A) Calculate the discount yield, bond equivalent yield, and EAR on the T-bill.
(B) Calculate the discount yield, bond equivalent yield, and EAR on the T-bill if it matures in 150 days.
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