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Posted on Oct 06, 2024

To calculate the current yield for a T-bill: divide the maturity value by the interest rate. multiply the maturity value by the interest rate. subtract

To calculate the current yield for a T-bill:

divide the maturity value by the interest rate.

multiply the maturity value by the interest rate.

subtract the discount amount from the maturity value.

divide the purchase price by the discount amount.

divide the discount amount by the purchase price.

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