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Suppose you purchased a newly issued T=bill maturing in 181 days. The T-bill has a...

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Finance

Suppose you purchased a newly issued T=bill maturing in 181 days. The T-bill has a par value of $100,000. If the discount rate on the T-bill is 2.25 percent, how many percent is the yield that the investors will earn if the T-bill is held to maturity?

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