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Back to Library QID: #9604

Solution for QID #9604: An investor purchased 220500QAR in 365-day T-bills 300 days | StudyHelpMe

Subject: Finance
Status: Verified Solution
An investor purchased 220500QAR in 365-day T-bills 300 days before maturity to yield 3.25%. The investor sold the T-bill 145 days later to yield 3.55%. How much did the investor sell the T-bill for?
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