Ninety-two days later steve sells the t-bill for 9719


Steve has purchased a Treasury bill with a 182-day maturity and a $10,000 par value for $9,645. Ninety-two days later, Steve sells the T-bill for $9,719. Determine Steve's expected annualized yield from this transaction.

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Finance Basics: Ninety-two days later steve sells the t-bill for 9719
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