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You find two investments: 1) a T-BILL with a Face value of 100.000 $ and 122 days until maturity with a current price of 96.5%
You find two investments: 1) a T-BILL with a Face value of 100.000 $ and 122 days until maturity with a current price of 96.5% (over Face Value) and 2) 260 days to maturity with a price of 92.8% (over Face Value) and a Face Value of 100,000 $. Calculate the 4 different money market yields for both instruments. Which of the two money market instruments will you choose? Justify your decision
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