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Match each problem with its correct answer. What is the discount yield on a $1 million T-bill that currently sells at 97.375 percent of its
Match each problem with its correct answer. What is the discount yield on a $1 million T-bill that currently sells at 97.375 percent of its A. 16% face value and is 75 days from maturity? B. 17.8696 What is the bond equivalent yield on a $1 million T-bill that currently sells at 97.375 percent of its face value and is 75 days from maturity? C. 12.6096 D. 13.12% "At the beginning of the year, you purchased a share of stock for $42. Over the year the dividends paid on the stock were $2.50 per share. Calculate the return if the price of the stock at the end of the year is $47
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