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QUESTION
Let's Assume I was going to buy a 90-day Treasury Bill with a face value of $1,000 for a price of $944. what would be the calculated DRY, or discount...
Let's Assume I was going to buy a 90-day Treasury Bill with a face value of $1,000 for a price of $944. what would be the calculated DRY, or discount rate yield . Also, what would be the calculated IRY, or investment return yield?
