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You are purchasing a $9,000,000.00 U.S. Treasury Bill that matures in 305 days and is quoted as a 3.45% discount rate. What is the money
You are purchasing a $9,000,000.00 U.S. Treasury Bill that matures in 305 days and is quoted as a 3.45% discount rate. What is the money market yield if you hold this T-bill to maturity?
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