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If an investor purchases the 1/03/19 T-bill today and holds until maturity, what is the investor's effective yield, r*? Data Window Help 91% 0 Sun

image text in transcribedIf an investor purchases the 1/03/19 T-bill today and holds until maturity, what is the investor's effective yield, r*?

Data Window Help 91% 0 Sun 9:38 PM Tony Laaksonen Q E View Share Comments Review = = .47.0 Excel File Edit View Insert Format Tools .. AutoSave OFF AH 5 Home Insert Draw Page Layout Formulas Data v Verdana (Body! 12 A A = Paste BI U B O A A18 X fx A B C D Table 14.1 Eurodollar Deposits Latest Wk Ago Offer Bid General $ % El Conditional Formatting Format as Table Coll Styles insert EX Delete Il Format 8 % Sort & Filter X Find & Select Ideas E F G H I 52 Week High Low 3.1 month=150 days 3.11 3.69 1.4 Table 14.2 Maturity Bid 1/3/19 11 .87 U.S. Treasury Bills Asked Asked Chg yield 1.85 0.01 2 .05 High 2.19 Low 0.55 Today is 9/15/18 Data + Ti - - - + 100% Data Window Help 91% 0 Sun 9:38 PM Tony Laaksonen Q E View Share Comments Review = = .47.0 Excel File Edit View Insert Format Tools .. AutoSave OFF AH 5 Home Insert Draw Page Layout Formulas Data v Verdana (Body! 12 A A = Paste BI U B O A A18 X fx A B C D Table 14.1 Eurodollar Deposits Latest Wk Ago Offer Bid General $ % El Conditional Formatting Format as Table Coll Styles insert EX Delete Il Format 8 % Sort & Filter X Find & Select Ideas E F G H I 52 Week High Low 3.1 month=150 days 3.11 3.69 1.4 Table 14.2 Maturity Bid 1/3/19 11 .87 U.S. Treasury Bills Asked Asked Chg yield 1.85 0.01 2 .05 High 2.19 Low 0.55 Today is 9/15/18 Data + Ti - - - + 100%

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