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Business, 23.06.2021 01:00 MayFlowers

Determine how the annualized yield of a T-bill would be affected if the purchase price were lower. Explain the logic of this relationship. b. Determine how the annualized yield of a T-bill would be affected if the selling price were lower. Explain the logic of this relationship. c. Determine how the annualized yield of a T-bill would be affected if the number of days were reduced, holding the purchase price and selling price constant. Explain the logic of this relationship.

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Determine how the annualized yield of a T-bill would be affected if the purchase price were lower. E...
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