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A 275-day T-bill was purchased at a 0.6% discount and was sold at an 8.50% discount after a 30-day holding period. What is the yield?
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A 275-day T-bill was purchased at a 0.6% discount and was sold at an 8.50% discount after a 30-day holding period. What is the yield?

User Lord Rixuel
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1 Answer

3 votes

Answer:

The answer is "10.21".

Step-by-step explanation:

by applying the formula of yield the calculated value will be 10.21.

User Gbvb
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