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You see that a $10,000 T-Bill with a maturity of 50 days is quoted as 0.05 (Bid) and 0.035 (Ask). What would be the Dealersr's

You see that a $10,000 T-Bill with a maturity of 50 days is quoted as 0.05 (Bid) and 0.035 (Ask). What would be the Dealersr's actual yield (return)?

Ans: 5.104%

Please Show all steps! Thanks!

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