Question
A treasury bill with a face value of 1,000,000 is has 306 daysto maturity and is currently selling for $988,234.81. What is thediscount yield on
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Quantitative Investment Analysis
Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle
3rd edition
111910422X, 978-1119104544, 1119104548, 978-1119104223
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