Felice purchased a 91-day T-Bill that has a face value of $5000 and an interest rate of
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Felice purchased a 91-day T-Bill that has a face value of $5000 and an interest rate of 4% p.a. Calculate the price on its issue date.
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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