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Bill parity: a 40-day T-bill has a discount rate of 6.00%. An 80-day T-bill has a discount of 6.00%. What is the bill parity or

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Bill parity: a 40-day T-bill has a discount rate of 6.00%. An 80-day T-bill has a discount of 6.00%. What is the bill parity or forward rate? Would you consider this forward rate the "expected rate." Explain

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