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Suppose you purchase a T-bill that is 103 days from maturity for $9,770. The T-bill has a face value of $10,000. a. Calculate the T-bills

Suppose you purchase a T-bill that is 103 days from maturity for $9,770. The T-bill has a face value of $10,000. a. Calculate the T-bills quoted discount yield. b. Calculate the T-bills bond equivalent yield.

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