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What will be the discount yield of a five month $ 1 0 , 0 0 0 Treasury bill selling for $ 9 , 4

What will be the discount yield of a five

month $

10, 000

Treasury bill selling for $

9, 400 ?

Par Value $

10, 000

Price $

9, 400

Number of days to maturity

150

The discount yield will be

% .

Round your answer to the nearest two decimal places.

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