A nine-month T-bill with a face value of $10,000 currently sells for $9,600. Calculate the annualized simple
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A nine-month T-bill with a face value of $10,000 currently sells for $9,600. Calculate the annualized simple interest rate.
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Related Book For
Financial Markets And Corporate Strategy
ISBN: 9780077119027
1st Edition
Authors: David Hillier, Mark Grinblatt, Sheridan Titman
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