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An investor buys a T-bill at a bank discount quote of 4.70 with 180 days to maturity. The bill has a face value of $10,000.
An investor buys a T-bill at a bank discount quote of 4.70 with 180 days to maturity. The bill has a face value of $10,000. What is the value today
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Public Finance
Authors: Harvey S Rosen
7th Edition
0072876484, 978-0072876482
