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A banker's acceptance with a face value of $20,000 and 286 daysto maturity has a discount yield of 2.16 percent. What is thecurrent price of
A banker's acceptance with a face value of $20,000 and 286 daysto maturity has a discount yield of 2.16 percent. What is thecurrent price of the security? 2 answers
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
