What is the approximate annualized yield on a 6-month Treasury bill that is sold at...
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Finance
What is the approximate annualized yield on a 6-month Treasury bill that is sold at $95 in the primary market? If the following day investors want an annualized yield of 12% what will happen to the price of the $95 Treasury bill with 6-month left to maturity(Face value of Treasury bill is $100)
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