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A 182 day (26 week) treasury bill, issued on 8/30/2018, will mature to its face...

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Finance

A 182 day (26 week) treasury bill, issued on 8/30/2018, will mature to its face amount of $10,000 on 2/28/2019. The nominal annual discount rate, compounded semiannually is 2.210%. Using the six decimal pricing methodology used by the Federal Reserve of New York: a. Compute the price. b. Compute the nominal rate of interest compounded semiannually.

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