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Please answer the following three questions regarding the October 12, 2017 T-bill in the table. Assume that the par value of the bill is $10,000.

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Please answer the following three questions regarding the October 12, 2017 T-bill in the table. Assume that the par value of the bill is $10,000. MATURITY DAYS TO MATURITY CHG June 8, 2017 August 17, 2017 October 12, 2017 December 7, 2017 March 29, 2018 51 121 177 233 345 BID 0.730 0.793 0.905 0.928 0.988 ASKED 0.720 0.783 0.895 0.918 0.978 unch -0.010 -0.028 -0.023 -0.020 ASKED YIELD 0.731 0.795 0.911 0.936 1.000 Q1: How much do you have to pay to buy the T-bill, based on the ASKED discount rate (i.e., 0.895%)? Q2: Based on the result from Q1, calculate the bond equivalent yield. Q3: Based on the results from Q1 or Q2, calculate the effective annual return (EAR)

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