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8) 8. If you pay $975 for a 91-day T-bill. It is worth $1,000 at maturity. What is the discount rate? . 10.8990 B. 10.28%
8)
8. If you pay $975 for a 91-day T-bill. It is worth $1,000 at maturity. What is the discount rate? . 10.8990 B. 10.28% C. 9.89% D. 10.14% Step by Step Solution
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