Question: What is the compound yield on a Treasury bill that costs $98,760 and will be redeemed for $100,000 after 90 days? How much additional return

What is the compound yield on a Treasury bill that costs $98,760 and will be redeemed for $100,000 after 90 days? How much additional return would you have to earn if you had bought $100,000 worth of 90-day commercial paper for $98,478?

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