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A company wants to invest some surplus short-term funds and plans to buy a 180-day bank bill with a face value of $100 000. What

A company wants to invest some surplus short-term funds and plans to buy a 180-day bank bill with a face value of $100 000. What is the yield on the bill if its price is currently $94 234? 13.23% 12.41% 11.69% 0 13.32%

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