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5. Tiger-Tiger Company purchases a Treasury bill with a $10,000 par value for $9,645. One hundred days later, they sell the T-bill for $9,919. What
5. Tiger-Tiger Company purchases a Treasury bill with a $10,000 par value for $9,645. One hundred days later, they sell the T-bill for $9,919. What is Tiger-Tiger Company annualized yield from this transaction? (2 Points) 13.43% 2.78% 10.37% 2.80% none of the above
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Millon Cornett
1st International Edition
0071181334, 9780071181334
