Solution-What was the original yield of the T-bill

What was the original yield of the T-bill

Reference no: EM132773675

Question - An investor purchased a 182-day, $25,000.00 T-bill on its issue date for $24,788.87. After holding it for 88 days, she sold the T-bill for a yield of 1.64%.

(a) What was the original yield of the T-bill?

(b) For what price was the T-bill sold?

Reference no: EM132773675

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What was the original yield of the T-bill

Reference no: EM132773675

Reference no: EM132773675

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