What is the duration of a 87- day $100,000

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Question: What is the duration of a 87- day $100,000 Treasury bill trading at a yield of 7.09%? Express your answer in years correct to 2 decimal places.

Reference no: EM133559793

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What is the duration of a 87- day $100,000 : What is the duration of a 87- day $100,000 Treasury bill trading at a yield of 7.09%? Express your answer in years correct to 2 decimal places
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