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A 270-day Treasury bill is purchased for $0.95 on the dollar (i.e., $95,000 for a $100,000 bill). What is the compound yield? Answer: ________%
A 270-day Treasury bill is purchased for $0.95 on the dollar (i.e., $95,000 for a $100,000 bill). What is the compound yield? Answer: ________%
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
4th Edition
1119835550, 978-1119835554
