Question: On 1 0 . 0 9 . 2 0 1 7 , an investor buys a 9 1 day certificate of deposit with a face

On 10.09.2017, an investor buys a 91 day certificate of deposit with
a face value of 1000, an interest rate of 6%,61 days to maturity and
a yield of 6.8%. What is the clean price paid by the investor for this
security?

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