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A Treasury bill has a face value of S1000, a yield of 5%/year and is one year from maturity. What is the maturity value of

A Treasury bill has a face value of S1000, a yield of 5%/year and is one year from maturity. What is the maturity value of the bill? Select one: 1. $952.38 II. $1100 III S1050 IV. $1000

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