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A T-bill that is 220 days from maturity is selling for $95,900. The T-bill has a face value of $100,000. A.) calculate the discount yield,
A T-bill that is 220 days from maturity is selling for $95,900. The T-bill has a face value of $100,000. 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 295 days
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