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    Exam 23: Removing Interest Rate Risk
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    Suppose a $10,000 Treasury Bill with 85 Days Left Until
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Suppose a $10,000 Treasury Bill with 85 Days Left Until

Question 10

Question 10

Multiple Choice

Suppose a $10,000 Treasury Bill with 85 days left until maturity has a selling price of $9933.89. What is the asking bond equivalent yield?


A) 2.36%
B) 2.86%
C) 3.36%
D) 3.86%

Correct Answer:

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