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Suppose an investor sold a T-Bill with 45 days to maturity at a discount basis of 3.73%. He had purchased it with 90 days to
Suppose an investor sold a T-Bill with 45 days to maturity at a discount basis of 3.73%. He had purchased it with 90 days to maturity and earned a holding period return of 4.24%. What is the BDY of the purchase price?
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