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An investor purchased a 91-day, $5000.00 T-bill on its issue date for $4964.54. After holding it for 8 days, she sold the T-bill for a

An investor purchased a 91-day, $5000.00 T-bill on its issue date for $4964.54. After holding it for 8 days, she sold the T-bill for a yield of 2.22%.

(a) What was the original yield of the T-bill?

(b) For what price was the T-bill sold?

(c) What rate of return (per annum) did the investor realize while holding this T-bill?

(a) The original yield of the T-bill was___%

(Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)

(b) The T-bill sold for $___

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

(c) The investor realized a rate of return of___%

(Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)

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