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The table below presents the quotation on a US Treasury bill with a face value of 10,000. Maturity Days to maturity BID (%) ASKED (%)

The table below presents the quotation on a US Treasury bill with a face value of 10,000.

Maturity

Days to maturity

BID (%)

ASKED (%)

CHG(%)

ASKED YIELD (%)

October 12/2019

120

0.81

0.7

-0.02

?

The ASKED YIELD --Actual annualized yield is

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