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  3. an investor purchased a 364-day, $5000.00 t-bill o

An investor purchased a 364-day, $5000.00 T-bill on its issue date for $4848.85. After holding...

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Accounting

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An investor purchased a 364-day, $5000.00 T-bill on its issue date for $4848.85. After holding it for 66 days, she sold the T-bill for a yield of 2.01%. (a) What was the original yield of the T-bill? (b) For what price was the T-bill sold? (c) What rate of return (per annum) did the investor realize while holding this T-bill? (a) The original yield of the T-bill was % (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.) (b) The T-bill sold for $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (c) The investor realized a rate of return of %. (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)

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