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Suppose during that on January 1, 2022, the price of a one-year Treasury bill with a face value of $1,000-is $963.99. In
Posted: Sun Jul 03, 2022 1:01 pm
by answerhappygod
- Suppose During That On January 1 2022 The Price Of A One Year Treasury Bill With A Face Value Of 1 000 Is 963 99 In 1 (9.86 KiB) Viewed 12 times
Suppose during that on January 1, 2022, the price of a one-year Treasury bill with a face value of $1,000-is $963.99. Investors expect that the inflation rate will be 3% 2022, but at the end of the year, the inflation rate turns out to have been 2%. The nominal interest rate on the bill (measured as the yield to maturity) is%. (Round your response to two decimal places.)