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A Treasury bill has been auctioned for a bank-discount yield of 6.22 percent. If the face value is $100,000 and maturity is 180 days, compute

A Treasury bill has been auctioned for a bank-discount yield of 6.22 percent. If the face value is $100,000 and maturity is 180 days, compute the issue price. What is the coupon-equivalent yield of the T-Bill?

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