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Q4. You purchase $1,000,000 worth of six-month US Treasury bills on the secondary market with a quoted yield per annum of 1.94 per cent. The

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Q4. You purchase $1,000,000 worth of six-month US Treasury bills on the secondary market with a quoted yield per annum of 1.94 per cent. The bills have 100 days to maturity. How much would you pay? Use the actual/365-day count convention

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