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PR Y of Treasury Bills matures in 160 days and has a Money Market Yield of 8.0%. Please, compute the As rice for this issue.

PR Y of Treasury Bills matures in 160 days and has a Money Market Yield of 8.0%. Please, compute the As rice for this issue. State your answer as a percentage with 6 digits after the decimal point. {ANSWER 7.725322%)

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