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Exercise 1 You purchased a 90 days T-bill with a face value $20,000 for only $18,200. 1) What is the daily and annualized YTM of

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Exercise 1 You purchased a 90 days T-bill with a face value $20,000 for only $18,200. 1) What is the daily and annualized YTM of the T-bill using both discrete and continuously compounded interest? 2) What is the future values of your investment in one year using both discrete and continuously compounded interest

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