Calculate the bank discount yield on a 92-day U.S. T-bill that is currently quoted at $97.75.

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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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Question Posted: Feb 25, 2015 09:25 AM

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Calculate the bank discount yield on a 92-day U.S. T-bill that is currently quoted at $97.75.

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Introduction To Corporate Finance

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