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Today is 14th October 2021, Anne just bought a 270-day $100 000 bank bill for $98,300. She will sell this bank bill on 25 November
Today is 14th October 2021, Anne just bought a 270-day $100 000 bank bill for $98,300. She will sell this bank bill on 25 November 2021 at 2.24% p.a. (simple interest). c) What was her holding period yield, expressed as a percentage and rounded to three decimal places? a. 0.619% b. 2.830% c. 4.416% d. 12.756%
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