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Below are two T-Bill purchases: A T-Bill with a face value of $200,000 and current market price of $195,000. The maturity date is in 300
Below are two T-Bill purchases:
- A T-Bill with a face value of $200,000 and current market price of $195,000. The maturity date is in 300 days.
- A T-bill has a face value of $75,000, a current market price of $73,300 and matures in 150 days.
Please calculate for both T-bill purchases based on the following:
- The bank discount yield.
- The holding period yield
- The Effective Annual Yield
- The Money Market Yield
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