E Homework: Homework 3 An investor purchased a 182-day, $10,000.00 T-bill on its issue date for $9855.35. After holding it for 48 days, she sold the T-bill for a yield of 2.81%. a) What was the original yield of the T-bill? b) For what price was the T-bill sold? c) What rate of return (per annum) did the investor realize while holding this T-bill? a) The original yield of the T-bill was 2.94 %. Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.) b) The T-bill sold for $ Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

E Homework: Homework 3 An investor purchased a 182-day, $10,000.00 T-bill on its issue date for $9855.35. After holding it for 48 days, she sold the T-bill for a yield of 2.81%. a) What was the original yield of the T-bill? b) For what price was the T-bill sold? c) What rate of return (per annum) did the investor realize while holding this T-bill? a) The original yield of the T-bill was 2.94 %. Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.) b) The T-bill sold for $ Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter2: Working With The Tax Law

Section: Chapter Questions

Problem 3RP

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