You purchase a T-bill (traded on Oct 7, 2021) at a price of 99.98% of...
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You purchase a T-bill (traded on Oct 7, 2021) at a price of 99.98% of face. The T-bill will mature on Jan 20, 2022. What is the bank discount yield of the T-bill? Write your answer to the nearest 0.01%, but without writing the %. For example, if your answer is 5.02%, put an answer of 5.02 into the box, not 0.0502
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