What is the discount rate on this t-bill

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Reference no: EM131011244

A 90 day T-Bill is selling for $9,915. The par is $10,000.

a. What is the discount rate (discount yield) on this T-Bill?

b. What is the bond equivalent yield on this investment?

c. What is the effective annual rate on this investment?

Reference no: EM131011244

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