= Homework: Homework 3 Question 15, 8.2.5 Part 1 of 3 An investor purchased a 182-day, $100,000.00 T-bill on its issue date for $98,634.24. After holding it for 48 days, she sold the T-bill for a...


= Homework: Homework 3<br>Question 15, 8.2.5<br>Part 1 of 3<br>An investor purchased a 182-day, $100,000.00 T-bill on its issue date for $98,634.24. After holding it for 48 days, she sold the T-bill for a yield of 2.72%.<br>(a) What was the original yield of the T-bill?<br>(b) For what price was the T-bill sold?<br>(c) What rate of return (per annum) did the investor realize while holding this T-bill?<br>(a) The original yield of the T-bill was %.<br>(Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)<br>

Extracted text: = Homework: Homework 3 Question 15, 8.2.5 Part 1 of 3 An investor purchased a 182-day, $100,000.00 T-bill on its issue date for $98,634.24. After holding it for 48 days, she sold the T-bill for a yield of 2.72%. (a) What was the original yield of the T-bill? (b) For what price was the T-bill sold? (c) What rate of return (per annum) did the investor realize while holding this T-bill? (a) The original yield of the T-bill was %. (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)

Jun 09, 2022
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