A Treasury bill with face value of $100,000 and maturity of six months is selling at a

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A Treasury bill with face value of $100,000 and maturity of six months is selling at a 4%

discount. What is the equivalent annual yield on the bill?

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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Question Posted: Jul 31, 2024 10:00 AM

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A Treasury bill with face value of $100,000 and maturity of six months is selling at a

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Principles Of Corporate Finance

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