Annual yield assuming the investment was held to maturity

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An investor is looking to buy a $1,000,000 T-bill issue at an Ask Discount of 1.13 on January 22 for a maturity date of February 27 (36 days to maturity), what is the discount rate, dollar discount, purchase price, and the holding period yield and annual yield assuming the investment was held to maturity?

Reference no: EM13768248

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