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Please show work a. If you buy a $100,000 6-month Treasury Bill at its auction at a rate of 2%, how much will you pay
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a. If you buy a $100,000 6-month Treasury Bill at its auction at a rate of 2%, how much will you pay for it? b. 4-months later you sell that T-bill at a rate of 2.5%. How much do you receive for it? C. What is your holding-period rate of return for the 4 months you owned it? a. If you buy a $100,000 6-month Treasury Bill at its auction at a rate of 2%, how much will you pay for it? b. 4-months later you sell that T-bill at a rate of 2.5%. How much do you receive for it? C. What is your holding-period rate of return for the 4 months you owned itStep by Step Solution
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