A T-bill with 125 days remaining to maturity is discounted to yield 4.6% simple interest. What is

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A T-bill with 125 days remaining to maturity is discounted to yield 4.6% simple interest. What is the effective annualized rate of return on the T-bill?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Sep 21, 2024 08:02 AM

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A T-bill with 125 days remaining to maturity is discounted to yield 4.6% simple interest. What is the effective annualized rate of return on the T-bill?
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A T-bill with 125 days remaining to maturity is discounted to yield 4.6% simple interest. What is

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Holdingperiodreturn 125365 ...View the full answer

Business Mathematics In Canada

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