Question: Two 182-day, $1000000 T-bills were initially issued at a price that would yield the buyer 2.5%. If the yield required by the market remains at
Two 182-day, $1000000 T-bills were initially issued at a price that would yield the buyer 2.5%. If the yield required by the market remains at 2.5%, how many days before their maturity date will the T-bills' market price first exceed $995 000?
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