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A Treasury auction is held for $100MM Face-Value of 6-year bonds. If auction-investors pay $70MM for the bonds, which choice below is closest to rrf?
A Treasury auction is held for $100MM Face-Value of 6-year bonds. If auction-investors pay $70MM for the bonds, which choice below is closest to rrf? O (D) 6.1% O (E) None of above O (C) 5.7% O (B) 5.3% O (A) 4.9%
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