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What is the holding period yield, if I bought a $100,000 90-day bill at 8.96% and sold it 40 days later at 8.16%pa? Express as
What is the holding period yield, if I bought a $100,000 90-day bill at 8.96% and sold it 40 days later at 8.16%pa?
Express as a percentage and to 2 decimal places eg not 0.0625 but 6.25.
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