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Description The dollar price of a T-bill is $9,979 with a face value of $10,000. The T-bill has 87 days until maturity. What is
Description The dollar price of a T-bill is $9,979 with a face value of $10,000. The T-bill has 87 days until maturity. What is the bank discount yield, bond equivalent yield, and equivalent annual yield of the T-bill?
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