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A US Treasury Bill offering $10,000 at maturity in 26 weeks (1/2 year) is currently priced at $9600. Which of the following comes closest to
A US Treasury Bill offering $10,000 at maturity in 26 weeks (1/2 year) is currently priced at $9600. Which of the following comes closest to the bond's current yield to maturity? (hint: T Bills are zero coupon bonds) O 0.2% 10% 8.5% 4.2% 0 17.7%
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