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What should be the value of a Bankers Acceptance with a $100,000 face value and 79 days until maturity quoted on a discount basis yielding
What should be the value of a Bankers Acceptance with a $100,000 face value and 79 days until maturity quoted on a discount basis yielding 1.8935% with the current inflation rate of 2.2972? Consider the same question above assuming a $250,000 face value and 279 days until maturity quoted on a discount basis yielding .8935% with the current inflation rate of 1.467? Please show all your work.
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