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In the Global Financial Crisis box in Section6.1, www.Bloomberg.com reported that thethree-month Treasury bill sold for a price of $100.003069 per $100 face value. What

In the Global Financial Crisis box in Section6.1, www.Bloomberg.com reported that thethree-month Treasury bill sold for a price of$100.003069 per $100 face value. What is the yield to maturity of thisbond, expressed as anEAR?

The effective annual rate is?

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