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: What is the price P today of a $80.000 182-day Canadian T-Bill if its quoted yield is 9.4%? : 76418.19 Answer correct to 2
: What is the price P today of a $80.000 182-day Canadian T-Bill if its quoted yield is 9.4%? : 76418.19 Answer correct to 2 decimals. Find the derivative of the previous result from Problem #4 above, with respect to the quoted yield i. Use this derivative to approximate the change in the price of the T-Bill if the yield were to have decreased by 0.002 (i.e. 0.2%) immediately after the T-Bill was purchased
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