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Posted on Sep 20, 2024

Assume an investor purchased a six - month T - bill with a $ 1 0 , 0 0 0 par value for $ 9

Assume an investor purchased a six

-

month T

-

bill with a $

10, 000

par value for $

9, 800

and sold it ninety days later for $

9, 850 .

What is the yield?

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