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A three-month Treasury bill (zero-coupon) sold for a price of $99.311998 per $100 face value. The yield to maturity of this bond (expressed as an
A three-month Treasury bill (zero-coupon) sold for a price of $99.311998 per $100 face value. The yield to maturity of this bond (expressed as an EAR) is?
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
10th Edition
1260013820, 978-1260013825
