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Question 19. 19. At the (whatever date) auction, three month Treasury bills were sold at a price of $99.540 per $100. The discount yield on

Question 19.19. At the (whatever date) auction, three month Treasury bills were sold at a price of $99.540 per $100. The discount yield on these bills was: (Assume that date was not a leap year, and select nearest answer) (Points : 3)
1.854 % 2.110 % 2.163 % 2.224 %

Question 20.20. At the (whatever date) auction, three month Treasury bills sold at a price of $9,948.88 per $10,000. The actual return (investment yield) on those bills was: (Assume that date was a leap year, and select nearest answer) (Points : 3)
1.882% 2.067% 2.349% 3.491%

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