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When a 90-day note with a face value of $100,000 is first issued, Barry purchases it for a yield of 7% per year. He sells it at a yield of 7.4 percent per annum with 60 days to maturity. What is his return?

ASSIGNMENT A 180-day T-note with a face value of $10,000 is purchased at a 6% requested yield, calculate the price for the T-note.   When a 90-day note with a face value of $100,000 is first issued, Barry purchases it for a yield of 7% per year. He sells it at a yield of 7.4 […]

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