The rate of return of a 182-day treasury bill with a face value of $20,000 is 5.25%
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The rate of return of a 182-day treasury bill with a face value of $20,000 is 5.25% 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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