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A T-Bill has 40 days to maturity. It is currently selling for $9,950.00. Can you calculate the bank discount rate? *Face Value is $10,000.00 4.5

A T-Bill has 40 days to maturity. It is currently selling for $9,950.00. Can you calculate the bank discount rate? *Face Value is $10,000.00 4.5 percent 12.13 percent 12.30 percent 2 percent

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