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A T-bill is offered to an investor with the following quoted rates. N Bid Ask 72 2.33 2.32 What is the effective annual yield to
A T-bill is offered to an investor with the following quoted rates. N Bid Ask 72 2.33 2.32 What is the effective annual yield to the nearest basis point?
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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
