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An investor, purchases a six-month (182-day) T-bill with a $10,000 par value for $9,500. If the Treasury bill is held to maturity, the annualized yield
An investor, purchases a six-month (182-day) T-bill with a $10,000 par value for $9,500. If the Treasury bill is held to maturity, the annualized yield is ____ percent.
7.27 | ||
1.81 | ||
1.75 | ||
6.20 | ||
7.02 |
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