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A T-bill trades at a 0.10% discount from par, maturing in 36 days. The discount yield is a. 1.00% b. 1.39% c. 1.19% d. need
A T-bill trades at a 0.10% discount from par, maturing in 36 days. The discount yield is a. 1.00% b. 1.39% c. 1.19% d. need more information
The correct answer is A)1.00%, but unsure of the work. Assistance is greatly appreciated
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