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Suppose you received an offering sheet for very short-term Treasury bills from a broker. The offering price for a few of the issues exceeded the

Suppose you received an offering sheet for very short-term Treasury bills from a broker. The offering price for a few of the issues exceeded the maturity value of the Treasury bill. When you inquired if this was an error, the broker stated that it was not and that there were institutional investors who were buying very short-term Treasury bills above the maturity value.

a) What does that mean in terms of the yield such investors were willing to receive at that time?

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