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As an investor, you are thinking of investing in a treasury bill in the secondary market. Face Value is $5000, however price now is $4500
As an investor, you are thinking of investing in a treasury bill in the secondary market. Face Value is $5000, however price now is $4500 (90%) and the maturity date is 300 days from today. However, you're considering selling the bill in 180 days, what would be your rate of return if you sell the bill 180 days before the maturity getting $4700?
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