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You can purchase a T-bill that is 90 days from maturity for $9,970. The T-bill has a face value of $10,000. Calculate the T-bill's quoted
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You can purchase a T-bill that is 90 days from maturity for $9,970. The T-bill has a face value of $10,000.
- Calculate the T-bill's quoted yield.
- Calculate the T-bill's bond equivalent yield.
- Calculate the T-bill's EAR.
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