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If a T-bill has a face value of $50,000, a current market price of $49,700 and a maturity in 100 days. (i) What is the
If a T-bill has a face value of $50,000, a current market price of $49,700 and a maturity in 100 days.
(i) What is the bank discount yield?
(ii) What is the Holding-Period Yield?
(iii) What is the Effective annual yield?
(iv) What is the money market yield?
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