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Suppose that the effective annual rate of return for a t-bill investment is 9,90%. This t-bill has a 60 day maturity and a face value

Suppose that the effective annual rate of return for a t-bill investment is 9,90%. This t-bill has a 60 day maturity and a face value of 1.000 TL. What is the discount yield for this particular t-bill? (1 year = 360 days)

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