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Suppose the investor plans to sell the T-bill after 120 days and forecasts a selling price of $9,820 at that time, the expected annualized yield

Suppose the investor plans to sell the T-bill after 120 days and forecasts a selling price of $9,820 at that time, the expected annualized yield based on this forecast is

((9,820-9600)/9600)/*365/120 = 6.97%

(Estimate the T-Bill Discount using the previous problem.) Answer this previous problem is above.

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