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An investor purchased a 1 8 2 - day, $ 1 0 , 0 0 0 . 0 0 T - bill on its issue
An investor purchased a day, $Tbill on its issue date for $ After holding it for days she sold the Tbill for a yield of
a What was the original yield of the Tbill?
b For what price was the Tbill sold?
c What rate of returnper annum did the investor realize while holding this Tbill?
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