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A 239 -day T-bill is selling for $9,450. The par is $10,000. The effective annual return on the T-bill is: DON'T MAKE INTERMEDIATE ROUNDINGS. PRESENT
A 239 -day T-bill is selling for $9,450. The par is $10,000. The effective annual return on the T-bill is: DON'T MAKE INTERMEDIATE ROUNDINGS. PRESENT YOUR ANSWER AS PERCENT ROUNDED TO ZERO DECIMAL PLACES. DONT WRITE THE PERCENTAGE SYMBOL( FOR EXAMPLE IF THE ANSWER IS 44\% JUST WRITE 44)
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