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On January 1st a $10,000 face value T-bill with a maturity date in 217 days was purchased for $9 200 What is the EAY? a)

On January 1st a $10,000 face value T-bill with a maturity date in 217 days was purchased for $9 200 What is the EAY? a) 14.626% b) 15.698% c) 14.752% d) 15.056%

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