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5. Huawei, Inc. wants to issue new 6-months bill with zero coupon for some much-needed short-term funding needs. Currently, the market yield for similar bill
5. Huawei, Inc. wants to issue new 6-months bill with zero coupon for some much-needed short-term funding needs. Currently, the market yield for similar bill is 6 percent, if the par value of the bill is $ 1000, how much will the bill sell for in the market? A. $1000 B. $966.18 C. $970.87 D. $1060 E. $953.26
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