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A zero-coupon Treasury bill maturing in 150 days is trading at $98 per $100 face value. Determine the following rates for the T-bill: What is
A zero-coupon Treasury bill maturing in 150 days is trading at $98 per $100 face value. Determine the following rates for the T-bill:
What is the full price?
What is the accrued interest the investor would receive when he sold the bond? (Use a 30/360-day count convention)
What is the clean price?
Please show all calculations!
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