What is security annualized investment rate

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1. Suppose that you purchase a 182-day Treasury bill for S9,850 that is worth S10,000 when it matures. What is security's annualized investment rate if held to maturity.?

2. A) The annualized rate on a particular money market instrument is 3.75%. The face value is S200, 000 and it matures in 51 days. What is its price?

B) What would be the price if it had 71 days to maturity?

Reference no: EM131982577

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