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A Treasury bill purchased in December 2020 has 124 days until maturity and a bank discount yield of 1.64 percent. Assume a $100 face value.

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A Treasury bill purchased in December 2020 has 124 days until maturity and a bank discount yield of 1.64 percent. Assume a $100 face value. a. What is the price of the bill as a percentage of face value? b. What is the bond equivalent yield

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