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Posted on Oct 03, 2024

How much profit or loss would you experience if you purchased a $1,255,640 face value bank bill with 97 days to maturity at a yield

How much profit or loss would you experience if you purchased a $1,255,640 face value bank bill with 97 days to maturity at a yield of 0.88% and sold it 22 days later at a yield of 1.01%?

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