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Exercise 2 (4 marks) Suppose you are going to purchase a US Treasury bill that has a tace value of $ 25.000 and a price

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Exercise 2 (4 marks) Suppose you are going to purchase a US Treasury bill that has a tace value of $ 25.000 and a price of $24.100. The Treasury bill matures in 3 months 1) What is the dally interest rate and the corresponding annualized interest rate? 21 What is the continuously compounded interest rate? Exercise 3 (6 marks)

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