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Calculate the bank discount rate of return (DR) and the YTM-equivalent return for the following...

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Finance

Calculate the bank discount rate of return (DR) and the YTM-equivalent return for the following money market instruments:

i. Purchase price, RM90; par value, RM200; maturity, 80 days.

ii. Purchase price, RM97.00; par value, RM200; maturity, 300 days.

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