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Financial Institutions and Markets Spring 2021 Money Market Problems (Chapter 6) 1. Assume an investor purchased a six-month T-bill with a $10,000 par value for

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Financial Institutions and Markets Spring 2021 Money Market Problems (Chapter 6) 1. Assume an investor purchased a six-month T-bill with a $10,000 par value for $9,750 and sold it ninety days later for $9,850. What is the yield? 2. Newly issued three-month T-bills with a par value of $10,000 sold for $9,750. Compute the T-bill discount.

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