At bill that is 225 days from maturity with a face value of $100000 is selling for
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Question:
At bill that is 225 days from maturity with a face value of $100000 is selling for $96850
a) Calculate the discount yield, bond equivalent yield, and EAR on the T-Bill
b) Calculate the discount yield, bond equivalent yield, and EAR on the T-Bill if it matures in 200 days
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